https://www.taxtmi.com/caselaws?id=101013 The appellate court partially allowed the appeals, modifying the temporary injunction order. The opposite parties were prohibited from transferring shares held by late H. K. Somani and Smt. Ratan Devi Somani, as well as the 36,900 shares acquired from Steel Enterprises (P.) Ltd. However, they were allowed to maintain their voting rights. The court stressed the necessity for a comprehensive assessment of evidence to reach a final decision on maintainability, limitation, and the validity of share transfers. Interim stay orders were lifted, and each party was instructed to cover their own costs. en-us Wed, 27 Apr 1983 00:00:00 +0530 Wed, 08 Feb 2012 12:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101013 The appellate court partially allowed the appeals, modifying the temporary injunction order. The opposite parties were prohibited from transferring shares held by late H. K. Somani and Smt. Ratan Devi Somani, as well as the 36,900 shares acquired from Steel Enterprises (P.) Ltd. However, they were allowed to maintain their voting rights. The court stressed the necessity for a comprehensive assessment of evidence to reach a final decision on maintainability, limitation, and the validity of share transfers. Interim stay orders were lifted, and each party was instructed to cover their own costs. Case-Laws Companies Law Wed, 27 Apr 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101013