Shree Metalics Ltd v. Smt. Shyam Kumari (1990) 2 SCC 539
company clat_ug beginner real_caseYaar, tonight I'm trying to understand this old case for my CLAT prep. So basically, Shree Metalics Ltd was this company where the major shareholder died, and the court had to decide who got to sell his shares - the widow or his children. The court ruled that the deceased's widow was the absolute owner of the shares, and even if his children contested, they had to prove that their father didn't intend to give them the shares in his will.
What do you guys think about this judgment? I mean, it seems pretty biased towards the widow. Should the children have a say if their father intended to give them the shares? Community, share your thoughts!
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