Supreme Court Dismisses Appeal in Companies Act Case — Upholds Conviction for Wrongful Withholding of Property. The court affirmed that Section 630 of the Companies Act, 1956 applies to legal heirs of employees wrongfully withholding company property....
The dispute arose from the wrongful withholding of property by the appellants, who were the heirs of Mr. C.B. Saran, a former Managing Director of respondent No. 1. Mr. Saran had been allotted residen...




