Manaktala Chemicals Pvt. Ltd. Others Versus Mr. Pawan Manaktala Others - Corporate Laws - Case Laws

Manaktala Chemicals Pvt. Ltd. Others Versus Mr. Pawan Manaktala Others - Corporate Laws - DELHI HIGH COURT - HC - Scope and extent of CLB s order - Due to allegations of oppression and mismanagement in the appellant s majority share company funds invested in a fixed deposit as per CLB s order for 45 days - Appellant claimed interest on the funds after maturity - Consent decree - Held that - it was clarified by the CLB that it meant and intended that both the principal and the interest accrue................................... Corporate Laws - Case Laws