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Judgment Search Results Home > Cases Phrase: rationale Court: company law board clb Year: 1993 Page 1 of about 1 results (0.039 seconds)

Apr 21 1993 (TRI)

Hemant D. Vakil and ors. Vs. Rdi Print and Publishing Pvt. Ltd.

Court : Company Law Board CLB

Decided on : Apr-21-1993

Reported in : (1995)84CompCas838

..... resorting to legal proceedings and the third strategy was to directly negotiate with rda, usa for setting up a separate company to take away the business of rdil. explaining the rationale behind the desubsidiarisation of samrat, shri mukhi pointed out that it was essentially a defensive action as the respondent directors, having got the majority over the holding company, were already .....

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