Supreme Court of India · 2008-08-13
Kanchan Devi vs Shree Vishnu R.F.&Oil ...
- Court
- Supreme Court of India
- Petitioner
- Kanchan Devi
- Respondent
- Shree Vishnu R.F.&Oil ...
- Bench
- Markandey Katju, Altamas Kabir
Judgment text excerpt
The Supreme Court granted leave and allowed the appeal concerning the ownership of two shop rooms, which the appellant claimed were not part of the assets of the company in liquidation. The Court directed the Company Judge to permit the appellant to use the shop rooms until a final decision on ownership is made, provided the appellant files an undertaking not to transfer or encumber the properties. The ruling emphasizes the need for interim relief pending resolution of ownership disputes in company liquidation cases.