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    <title>1999 (2) TMI 608 - HIGH COURT OF DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=106194</link>
    <description>A separate petition for restoration of company assets and restraint on commercial use of company premises was maintainable where the property was alleged to be in wrongful possession of a person claiming through a deceased officer. The premises were treated as company property, and the respondent was found to have no independent right to retain or exploit them. Relief under section 543 of the Companies Act, 1956 was not available at that stage because no prior prima facie finding had yet been recorded in the pending oppression and mismanagement proceedings under sections 397 and 398. Restoration and protection were therefore available, but damages or analogous misfeasance relief remained premature.</description>
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    <pubDate>Fri, 19 Feb 1999 00:00:00 +0530</pubDate>
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      <title>1999 (2) TMI 608 - HIGH COURT OF DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=106194</link>
      <description>A separate petition for restoration of company assets and restraint on commercial use of company premises was maintainable where the property was alleged to be in wrongful possession of a person claiming through a deceased officer. The premises were treated as company property, and the respondent was found to have no independent right to retain or exploit them. Relief under section 543 of the Companies Act, 1956 was not available at that stage because no prior prima facie finding had yet been recorded in the pending oppression and mismanagement proceedings under sections 397 and 398. Restoration and protection were therefore available, but damages or analogous misfeasance relief remained premature.</description>
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      <pubDate>Fri, 19 Feb 1999 00:00:00 +0530</pubDate>
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