YASHRAJ GOVINDBHAI PATEL vs PATEL ENGINEERING CO — C.A. No. 6553/1995

Case under Section III. Status: Disposed.

Disposed

CNR: SCIN010073741995

Filing Date

04-May-1995

Registration No

C.A. No. 6553/1995

Diary Number

7374/1995

Order Date

25-Jul-1995

Document Type

Judgment - of Main Case

Disposal Type

Dismissed

Last updated 03-Jun-2026

Acts & Sections

Section III

Petitioner(s)

  1. 1.YASHRAJ GOVINDBHAI PATEL

    Adv. MANIK KARANJAWALA

Respondent(s)

  1. 1.PATEL ENGINEERING CO

Case History

  1. Case disposedDisposed

  2. 25-Jul-1995

    Judgment - of Main CaseView PDF

  3. 04-May-1995

    Case filed

    Registration No. C.A. No. 6553/1995

View Full Judgment
casestatus.in Summary

Case Summary: Yashraj Govindbhai Patel v. Patel Engineering Co. Ltd. The Supreme Court resolved a share valuation dispute between two competing groups in Patel Engineering Company. When an expert's revised valuation of Rs.450/share (versus the initial Rs.194/share) superseded the original assessment, the court held that the higher valuation would apply retroactively under the consent terms, but rejected the appellants' claim that the company committed a default triggering their right to purchase opposing shares. The court disposed the appeal by directing the company to pay an additional Rs.66 lakhs in interest within eight weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

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