Rakesh Malhotra v. Rajinder Kumar Malhotra
Citation: MANU/MH/1309/2014 Facts Supremax Group, world’s second largest manufacturer of razor blades and allied products, was run by Rajindra Kumar Malhotra (“Rajindra”) and his family members. All the assets, business and plants belonging to Indian companies were later transferred to a newly incorporated company, which was under the control of Rakesh Malhotra (“Appellant”), Rajindra’s elder…