Home Case Index All Cases Companies Law Companies Law + SC Companies Law - 2008 (9) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (9) TMI 549 - SUPREME COURTWhether the learned Single Judge was right in making a wholesale remand? Whether the parties hereto were bound by the terms of compromise, which have been affirmed by the CLB? Held that:- It would be open for the High Court to go into the question as to whether the parties hereto were bound by the terms of compromise, which have been affirmed by the CLB. That the Single Judge will now take up all the three appeals filed by the parties against the order of the CLB and dispose of the same in the light of the observations made by us. This shall be done within six (6) months from the date of this order reaches the High Court. All the other contentions would be allowed to be raised and considered except the question of tenability of the petition under sections 397 and 398, which has been finally decided by this Court in the earlier round of litigation. The parties are also permitted to raise the questions regarding the subsequent developments directly in accordance with law and only if they are germane to the matter in question.
|