Reviewed case brief

Needle Industries (India) Ltd v Needle Industries Newey (India) Holding Ltd

AIR 1981 SC 1298

AIR 1981 SC 1298 · Supreme Court of India

deemed-public-companysubsidiaryprivate-companyoppression-mismanagement
Court
Supreme Court of India
Year
1981
Subjects
Company Law
Reviewed
2026-08-02

Rule established

A private company which is a subsidiary of a public company is deemed to be a public company under the Companies Act and its articles restricting transfer of shares are overridden

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        Supreme Court of India

        Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.