Shailja Krishna vs. Satori Global Limited 2025 INSC 1065 - Ss.397,398 - NCLT/CLB - Gift Deed Validity
Companies Act 1956 - Section 397,398- NCLT/CLB possess a wide jurisdiction to decide all such matters that are incidental and/or integral to the complaint alleging oppression and mismanagement. Such power is, however, subject to any other legislative enactment specifically debarring the NCLT/CLB from exercising its powers in this respect - When the determination of whether the gift deed is valid or not is central to the decision, the NCLT have full jurisdiction to decide whether the gift deed is valid or not, or whether it is against the provisions of the 1956 Act and/or internal regulations of the COMPANY, including but not limited to the AoA and the Memorandum of Association. (Para 30-31)
#SupremeCourt has observed that NCLT has full jurisdiction to decide whether a gift deed is valid or not, when such a question is integral to the complaint alleging oppression and mismanagement. https://t.co/PmdHNv2mqL pic.twitter.com/QYlYRuVYPm
— CiteCase 🇮🇳 (@CiteCase) September 2, 2025
Case Info
Case Name and Neutral Citation
- Case Name: Mrs. Shailja Krishna vs. Satori Global Limited & Ors.
- Neutral Citation: 2025 INSC 1065
Coram
- Judges: Dipankar Datta, J. and K. Vinod Chandran, J.
Judgment Date
- Date: September 2, 2025
Caselaws and Citations Referred
- Radharamanan v. Chandrasekara Raja(2008) 6 SCC 750
- Pearson Education Inc. v. Prentice Hall India (P) Ltd.(2007) 136 Comp Cas 294; (2006) 134 DLT 450
- Kamal Kumar Dutta v. Ruby General Hospital Ltd.(2006) 7 SCC 613
- Tata Consultancy Services Ltd. v. Cyrus Investments (P) Ltd.(2021) 9 SCC 449
- Scottish Co-Operative Wholesale Society Ltd. Appellant v. Meyer(1958) 3 All ER 66 (HL)
- Elder v. Elder and Watson(1952) Scottish Cases 49
- In re H. R. Harmer Ltd.[1959] 1 WLR 62
- Shanti Prasad Jain v. Kalinga Tubes Ltd.1965 SCC OnLine SC 15
- Needle Industries (India) Ltd. v. Needle Industries Newey (India) Holding Ltd.(1981) 3 SCC 333
- Hind Overseas (P) Ltd. v. Raghunath Prasad Jhunjhunwalla(1976) 3 SCC 259
- Dale & Carrington Invt. (P) Ltd. v. P.K. Prathapan(2005) 1 SCC 212
- Sangramsinh P. Gaekwad v. Shantadevi P. Gaekwad(2005) 11 SCC 314
- V.S. Krishnan v. Westfort Hi-Tech Hospital Ltd.(2008) 3 SCC 363
- V.B. Rangaraj vs V.B. Gopalakrishnan & Ors.(1992) 1 SCC 160
- Sri Parmeshwari Prasad Gupta v. Union of India(1973) 2 SCC 543
Statutes/Laws Referred
- Companies Act, 1956 (Sections 397, 398, 399, 108(1A), 108(1D), 111A, 193, 286)
- Companies Act, 2013 (Section 242, Section 155)
- Specific Relief Act, 1963 (Sections 31, 34)
- Protection of Women from Domestic Violence Act, 2006
- Indian Penal Code, 1860 (Sections 406, 419, 420)
