https://www.taxtmi.com/caselaws?id=106662 Pending adjudication of title in the main appeal and suit, the Court considered a limited interim share-transfer arrangement to balance the competing interests of the applicants, the company, and financial institutions. It noted a prima facie basis for departing from the earlier status quo for interim purposes, including that the transfer had already been permitted through the public offer process and the applicants had paid above market value. The arrangement was confined to 50% of the shares, with restrictions on alienation and encumbrance, provisional receipt of dividends, and the deposited consideration kept in interest-bearing deposit, all without affecting final determination of rights. en-us Tue, 19 Feb 2002 00:00:00 +0530 Thu, 15 Mar 2012 11:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106662 Pending adjudication of title in the main appeal and suit, the Court considered a limited interim share-transfer arrangement to balance the competing interests of the applicants, the company, and financial institutions. It noted a prima facie basis for departing from the earlier status quo for interim purposes, including that the transfer had already been permitted through the public offer process and the applicants had paid above market value. The arrangement was confined to 50% of the shares, with restrictions on alienation and encumbrance, provisional receipt of dividends, and the deposited consideration kept in interest-bearing deposit, all without affecting final determination of rights. Case-Laws Companies Law Tue, 19 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106662