2002 (9) TMI 560

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..... la, Ms. Nandini Gore, Mrs. Manik Karanjawala, Ms. Meghna Mishra, S.S. Shinde and V.N. Raghupathyfor the Respondent. JUDGMENT Rajendra Babu, J. - This matter involves interpretation as to the scope of section 630 of the Companies Act, 1956 ('the Act'). This Court in Smt. Abhilash Vinodkumar Jain v. Cox & Kings (India) Ltd. [1995] 4 SCL 167 has explained that the expression 'officer or employee' .....

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..... concerned in the property of the employer only by virtue of their relationship with the employee/officer and had not obtained or acquired the right to possession of the property in any other capacity, status or right." [Emphasis supplied] (p. 741) On that basis ultimately, this Court concluded that the employee would include the legal heirs of the deceased employee. 2. When the matter came up b .....

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