Turner Morrison And Co., Ltd vs Hungerford Investment Trust Ltd on 9 March, 1972
- The defendants 3 to 6 are having nothing to do with the liabilities of D2. Even though D3 might be a subsidiary of D2, the assets of D3 to D6 are in India and it is their own properties and in such a case, the doctrine of lifting the wheel cannot be pressed into service and as per the decision of the Hon'ble Calcutta Court reported in AIR 1969 CALCUTTA 238 [Turner Morrison & Co.., Ltd. v. Hungerford Investment Trust Ltd.], identity of subsidiary companies should not be ignored.