1976 (1) TMI 119 - HC - Companies Law

Summary

The High Court of Bombay allowed the Porbunderwallas, who hold 605 shares of the Colaba Land and Mill Company Ltd., to make their affidavit in a case related to a summons for directions under section 391 of the Companies Act. The court emphasized the importance of giving a hearing to all parties involved, even at the ex parte stage, for the interest of justice. The liquidator's opposition to the summons for directions was noted, and the Porbunderwallas were permitted to present their views. The affidavit of the Porbunderwallas was ordered to be accepted.