- Case
- INDIRA RAMESHCHANDRA SHAH v. SUNIL JAGMOHANDAS SHAH (Bombay High Court, 01-07-2025)
- Law
- Companies Act, Limited Liability Partnership Act.
Companies Act, 2013: The judgment refers to Lallubhai Amichand Limited as a company incorporated under the Companies Act, 1913. It also mentions that on 16th December 1948, Lallubhai Amichand ceased to exist as a partnership and was incorporated as a company under the provisions of the Companies Act, 1913.
Limited Liability Partnership Act, 2008: The judgment mentions Elite Housing Developers LLP as a Limited Liability Partnership, registered under the provisions of the Limited Liability Partnership Act, 2008.
General Principles of Law: The judgment extensively discusses the principles relating to family arrangements, quasi-partnerships, and the lifting of the corporate veil. It analyzes various Supreme Court and High Court decisions on these aspects, emphasizing the importance of good faith, mutual trust, and the need to protect the interests of family members in closely held companies. The judgment also discusses the concept of "just and equitable" grounds for winding up a company and the circumstances in which a court can interfere with the removal of a director. It also discusses the principles for granting mandatory injunctions.
