Companies Act, 1956, Section 630 – The term ‘property of the company' has to be construed widely having regard to the beneficial object of the Section – Companies Act, 2013, Section 452 (See Kannankandi Copal Krishna Nair (supra); PV George v. Jayems Engineering Co. (P) Ltd, (1990) 2 Comp LJ 62 (Mad)). Read judgment: 2020…
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