Niyam v2 is live — start for just ₹100 — 200 credits to try

march 2013

Supreme Court of India · 2013-03-22

M/S GHCL EMPLOYEES STOCK OPTION TRUST vs M/S INDIA INFOLINE LIMITED

Citation / case number
SC 2010/8763
Court
Supreme Court of India
Petitioner
M/S GHCL EMPLOYEES STOCK OPTION TRUST
Respondent
M/S INDIA INFOLINE LIMITED
Author
M.Y. EQBAL P. SATHASIVAM
Bench
M.Y. EQBAL P. SATHASIVAM

Judgment text excerpt

The Supreme Court addressed the appeals arising from a common order of the Delhi High Court concerning the summoning of respondents under Sections 415, 409, 34, and 120B of the IPC. The Court held that the allegations of dishonest misappropriation and conspiracy were substantiated, affirming the Metropolitan Magistrate's decision to summon the respondents for trial. The Court emphasized the necessity of a prima facie case for proceeding with criminal charges, thereby upholding the lower court's order.

M/S GHCL EMPLOYEES STOCK OPTION TRUST vs M/S INDIA INFOLINE LIMITED · Niyam