https://www.taxtmi.com/caselaws?id=110826 The court rejected the writ petition challenging the Company Law Board's order, which directed the maintenance of the status quo of shareholding and deferred further share allotment. The court emphasized the availability of an alternative remedy under section 10F of the Companies Act and declined to exercise its extraordinary powers under Article 226. The court expected the Company Law Board to issue final orders by July 2006 and dismissed the writ petition without costs. en-us Thu, 11 May 2006 00:00:00 +0530 Wed, 18 Apr 2012 17:39:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110826 The court rejected the writ petition challenging the Company Law Board's order, which directed the maintenance of the status quo of shareholding and deferred further share allotment. The court emphasized the availability of an alternative remedy under section 10F of the Companies Act and declined to exercise its extraordinary powers under Article 226. The court expected the Company Law Board to issue final orders by July 2006 and dismissed the writ petition without costs. Case-Laws Companies Law Thu, 11 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110826