RAMESH B. DESAI . vs BIPIN VADILAL MEHTA . — C.A. No. 4766/2001

Case Summary: Ramesh B. Desai v. Bipin Vadilal Mehta Decision: The Supreme Court allowed the appeal and set aside lower court orders dismissing the company petition on limitation grounds. The Court held that a limitation plea involving mixed questions of law and fact cannot be decided as a preliminary issue without hearing evidence; the petition alleging fraud in using company funds to purchase shares could proceed on merits as limitation begins running only from discovery of fraud (May 1987 per petitioners' claims), not from the transaction date (1982). This case analysis is maintained by casestatus.in based on publicly available court records.