Condonation of Delay: Tribunal directed condonation where rectification proceedings were pursued, ordering merits adjudication after opportunity to be...
Page of 4809
Press 'Enter' after typing page number.
5321 to 5340 of 96177 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The NCLAT declined to interfere with an interim protective order in oppression and mismanagement proceedings, holding that the order merely preserved the status quo and protected the subject matter pending NCLT adjudication. It found the appellants' complaint that their case had not been considered to be unfounded because the impugned order recorded their stand. The Tribunal also noted that the earlier restraint order had not been challenged. As no appellate error was shown in the discretionary interim arrangement, the modified directions already issued concerning operation of the bank accounts were continued.
The NCLAT declined to interfere with an interim protective order in oppression and mismanagement proceedings, holding that the order merely preserved the status quo and protected the subject matter pending NCLT adjudication. It found the appellants' complaint that their case had not been considered to be unfounded because the impugned order recorded their stand. The Tribunal also noted that the earlier restraint order had not been challenged. As no appellate error was shown in the discretionary interim arrangement, the modified directions already issued concerning operation of the bank accounts were continued.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
