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1990 (11) TMI 324

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..... e petitioner in Company Petition No. 19 of 1974 is the appellant in this appeal. The petition was one filed under sections 397 and 398 of the Companies Act, 1956, for relief against oppression. M.P. Menon J., by his judgment dated January 8, 1981, dismissed the petition. The petitioner filed M.F.A. No. 96 of 1981 and assailed the order passed by the learned single judge. The said appeal was heard .....

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..... als by-its judgment dated October 18,1982. The petitioner in the company petition took up the matter in still further appeal before the Supreme Court In C.A. 10113 of 1983 (S.L.P. Civil No. 14575 of 1982), the supreme Court by its judgment date October 31, 1983, Disposed of the matter. The Supreme Court held that the High Court may consider the inspector's report and give its findings afresh after .....

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..... court evaluates the matter afresh in the light of the inspector's report. We are not expressing any opinion about the merits of the case or about the inspector's report at this juncture. In the light of the subsequent events, we deem it only fair and proper that the court of first instance should consider the matter afresh in accordance with law and, as ordered by the Supreme Court consider the e .....

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