This document contains the original judgment from the Bombay High Court in the case of Dr Fredie Ardeshir Mehta vs Union of India. It details a dispute regarding whether a company's deferred payment arrangement for a flat sale to a director constituted a loan, which would require Central Government approval under the Companies Act. The judgment examines the definition of a loan and its application to the specific facts. This is essential reading for legal professionals and those involved in corporate law.