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august 2006

Supreme Court of India · 2006-08-11

KAMAL KUMAR DUTTA vs RUBY GENERAL HOSPITAL LTD. .

Citation / case number
SC 2005/10257
Court
Supreme Court of India
Petitioner
KAMAL KUMAR DUTTA
Respondent
RUBY GENERAL HOSPITAL LTD. .
Author
A.K.MATHUR H.K.SEMA
Bench
A.K.MATHUR H.K.SEMA

Judgment text excerpt

The Supreme Court addressed appeals arising from the Calcutta High Court's order regarding Sections 397 and 398 of the Companies Act, 1956, concerning allegations of oppression and mismanagement in Ruby General Hospital Limited. The Court held that the denial of share allotment to Dr. Kamal Kumar Dutta for his contributions constituted oppression, emphasizing the need for fair treatment of minority shareholders under the Companies Act. The Court directed the company to comply with the Reserve Bank of India's approvals for share allotment to Dr. Dutta, thereby upholding his rights as a shareholder.

KAMAL KUMAR DUTTA vs RUBY GENERAL HOSPITAL LTD. . · Niyam