Supreme Court of India · 2008-03-13
M/S Neeldeep Investments (P) Ltd vs The Custodian & Ors
- Court
- Supreme Court of India
- Petitioner
- M/S Neeldeep Investments (P) Ltd
- Respondent
- The Custodian & Ors
- Author
- Altamas Kabir
- Bench
- C.K. Thakker, Altamas Kabir
Judgment text excerpt
The Supreme Court upheld the order of the Special Judge under the Special Courts (Trial of Offences Relating to Transactions in Securities) Act, 1992, which sentenced Milan Dalal to three months of simple imprisonment and a fine of Rs. 2,000 for obstructing the execution of a decree. The Court found that the conduct of Milan Dalal, as the son of the Notified Party Bhupen Dalal, was obstructive in nature, thereby justifying the Special Judge's decision. The appeal was dismissed, affirming the lower court's findings and orders.