ATLAS EQUIFIN PRIVATE LIMITED v. JACKIE KAKUBHAI SHROFF

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION

Civil Appeal No.12267/2024

ATLAS EQUIFIN PRIVATE LIMITED Appellant

JACKIE KAKUBHAI SHROFF & ORS. Respondents

1. National Company Law Appellate Tribunal1 by the judgment and order

under challenge in this civil appeal has affirmed the judgment and order of the

National Company Law Tribunal impugned before it (NCLAT). The effect of the

said orders is that the appellant is required to buy 10% of the shares of the first

respondent.

2. We are not inclined to interfere with the judgment and order of the NCLAT.

3. The civil appeal is dismissed. However, having regard to the peculiar facts

and circumstances, the question of law raised by the appellant is kept open.

4. Pending application(s), if any, shall stand disposed of.

………………………………………J. [DIPANKAR DATTA]

….……………………………………J. [PRASHANT KUMAR MISHRA]

NEW DELHI; November 22nd, 2024.

ITEM NO.24 COURT NO.16 SECTION XVII

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS

Civil Appeal No.12267/2024

ATLAS EQUIFIN PRIVATE LIMITED Appellant

JACKIE KAKUBHAI SHROFF & ORS. Respondents

(with I.A. No.258710/2024 - STA...