THE STATE OF MAHARASHTRA STATE OF MAHARASHTRA AND ANR. SECRETARY vs NATIONAL ORGANIC CHEMICAL INDUSTRIES LTD. AND ANR. THROUGH ITS DIRECTOR — C.A. No. 8821/2011

Case under Company Law, Sick Industries Including Disinvestment : Company Law, Sick Industries Including Disinvestment Section III. Status: Disposed.

Disposed

CNR: SCIN010033572010

Filing Date

01-Feb-2010

Registration No

C.A. No. 8821/2011

Diary Number

3357/2010

Order Date

05-Apr-2024

Document Type

Judgement - of Main Case

Neutral Citation

2024 INSC 270

Disposal Type

Dismissed

Last updated 02-Jul-2026

Acts & Sections

Company Law, Sick Industries including Disinvestment : Company Law, Sick Industries including Disinvestment Section III

Petitioner(s)

  1. 1.THE STATE OF MAHARASHTRA STATE OF MAHARASHTRA AND ANR. SECRETARY

    Adv. AADITYA ANIRUDDHA PANDE[P-1]

Respondent(s)

  1. 1.NATIONAL ORGANIC CHEMICAL INDUSTRIES LTD. AND ANR. THROUGH ITS DIRECTOR

    Adv. PBA LEGAL[R-1]

Case History

  1. Case disposedDisposed

  2. 05-Apr-2024

    Judgement - of Main CaseView PDF

  3. 05-Apr-2024

    ROP - of Main CaseView PDF

  4. 05-Apr-2024

    Ordinary

    Hon'ble Mr. Justice A.S. Bopanna and Hon'ble Mr. Justice Sudhanshu Dhulia

  5. 21-Feb-2024

    ROP - of Main CaseView PDF

  6. 21-Feb-2024

    Ordinary

    Hon'ble Mr. Justice Sudhanshu Dhulia and Hon'ble Mr. Justice Prasanna B. Varale

  7. 22-Jan-2024

    ROP - of Main CaseView PDF

  8. 22-Jan-2024

    Ordinary

    Registrar (Court)

  9. 02-Nov-2023

    ROP - of Main CaseView PDF

  10. 02-Nov-2023

    Ordinary

    Hon'ble Mr. Justice Sanjay Karol

  11. 28-Aug-2023

    ROP - of Main CaseView PDF

  12. 28-Aug-2023

    Fixed Date by Court

    Registrar (Court)

  13. 20-Jul-2023

    ROP - of Main CaseView PDF

  14. 20-Jul-2023

    Fixed Date by Court

    Registrar (Court)

  15. 08-Apr-2021

    ROP - of Main CaseView PDF

  16. 08-Apr-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  17. 07-Apr-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  18. 04-Mar-2021

    ROP - of Main CaseView PDF

  19. 04-Mar-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  20. 03-Mar-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  21. 02-Mar-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  22. 23-Feb-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  23. 18-Feb-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  24. 17-Feb-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar, Hon'ble Ms. Justice Indu Malhotra and Hon'ble Mr. Justice Ajay Rastogi

  25. 16-Feb-2021

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar and Hon'ble Mr. Justice Dinesh Maheshwari

  26. 26-Aug-2020

    ROP - of Main CaseView PDF

  27. 26-Aug-2020

    Next Week / Week Commencing / C.O.Week

    Hon'ble Mr. Justice A.M. Khanwilkar, Hon'ble Mr. Justice Dinesh Maheshwari and Hon'ble Mr. Justice Sanjiv Khanna

  28. 22-May-2019

    ROP - of Main CaseView PDF

  29. 22-May-2019

    First hearing

    Initial hearing scheduled

  30. 28-Jun-2016

    ROP - of Main CaseView PDF

  31. 28-Jun-2016

    ROP - of Main CaseView PDF

  32. 23-Jun-2016

    Office Report - of Main CaseView PDF

  33. 14-Oct-2011

    ROP - of Main CaseView PDF

  34. 20-Jan-2011

    ROP - of Main CaseView PDF

  35. 11-Jan-2011

    ROP - of Main CaseView PDF

  36. 09-Nov-2010

    ROP - of Main CaseView PDF

  37. 01-Oct-2010

    ROP - of Main CaseView PDF

  38. 17-Sep-2010

    ROP - of Main CaseView PDF

  39. 30-Aug-2010

    ROP - of Main CaseView PDF

  40. 22-Mar-2010

    ROP - of Main CaseView PDF

  41. 26-Feb-2010

    ROP - of Main CaseView PDF

  42. 01-Feb-2010

    Case filed

    Registration No. C.A. No. 8821/2011

  43. [ 2024 INSC 270 ]

    Judgement - of Main CaseView PDF

casestatus.in Summary

Case Summary: State of Maharashtra v. National Organic Chemical Industries Ltd. Court Decision: The Supreme Court dismissed Maharashtra's appeal and upheld the Bombay High Court's order, directing the State to refund Rs. 25 lakhs paid as stamp duty with 6% annual interest. Key Reasoning: The Court held that Form No. 5 (notice of share capital increase) is merely a procedural filing document, not a separate "instrument" under the Stamp Act. Only Articles of Association are chargeable instruments, and the Rs. 25 lakh maximum cap introduced in 1994 applies cumulatively across all share capital increases—not separately for each increase. Since the company had already paid this maximum cap in 1992, no additional duty was owed for subsequent increases. This case analysis is maintained by casestatus.in based on publicly available court records.

Explore other courts

Search Another Case