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Citedby 32 docs - [View All]
Lt. Cdr. D.K. Chatterji vs Rapti Supertronics Pvt. Ltd. And ... on 9 July, 2002
K. Venkateswara Rao vs Phoenix Share And Stockbrokers ... on 11 September, 2001
Maharani Lalita Rajya Lakshmi ... vs Indian Motor Co., (Hazaribagh) ... on 10 May, 1961
Caparo India Ltd. (U.K.) And ... vs Caparo Maruti Limited And Ors. on 5 December, 2005
Jaladhar Chakraborty And Ors. vs Power Tools And Appliances Co. ... on 11 October, 1991

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[Section 397] [Complete Act]
Central Government Act
Section 397(2) in The Companies Act, 1956
(2) If, on any application under sub- section (1), the 1[ Company Law Board] is of opinion-
(a) that the company' s affairs 2[ are being conducted in a manner prejudicial to public interest or] in a manner oppressive to any member or members; and
(b) that to wind up the company would unfairly prejudice such member or members, but that otherwise the facts would justify the making of a winding- up order on the ground that it was just and equitable that the company should be wound up; the 1[ Company Law Board] may with a view to bringing to an end the matters complained of, make such order as it thinks fit.