JAYANTA GUHA Vs. ADAM ELEVATOR COMPANY PVT LTD

JUDGEMENT

(1.) Ld. Lawyers on behalf of the petitioner is present.

(2.) From 2004, the father of the petitioner, RN Guha (now deceased) was not keeping well and he died on 16-11-2007. Since the petitioner was residing outside Kolkata, he kept himself apprised of the developments of the company, for he had full faith and confidence on the remaining directors, the company remained continuing in the management of Respondent No. 2, Respondent No. 3 and Anjan Kumar Dutta. In the year 2009, Anjan Kr. Dutta also passed away.

(3.) The Respondent No. 2, Respondent No. 3 and Anjan Kr. Dutta, vide letter dated 19-12-2007, wished to sell their cumulative 75% share to OTIS without any offer to the petitioner.