https://www.taxtmi.com/caselaws?id=112625 Interim injunctions in a company management and shareholding dispute were refused because the plaintiffs failed to show a prima facie case or reliable material proving lawful share transfers and valid entitlement to represent the company. The court noted that the shareholding controversy was already before the Company Law Board and could not be independently relitigated on the basis of unsupported assertions. The ex parte injunction was therefore vacated, and the clarification application became unnecessary. Despite rejecting substantive interim relief, the court preserved the company's assets by restraining all parties from disposing of them during the suit. en-us Thu, 06 Aug 2009 00:00:00 +0530 Mon, 03 Nov 2014 18:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112625 Interim injunctions in a company management and shareholding dispute were refused because the plaintiffs failed to show a prima facie case or reliable material proving lawful share transfers and valid entitlement to represent the company. The court noted that the shareholding controversy was already before the Company Law Board and could not be independently relitigated on the basis of unsupported assertions. The ex parte injunction was therefore vacated, and the clarification application became unnecessary. Despite rejecting substantive interim relief, the court preserved the company's assets by restraining all parties from disposing of them during the suit. Case-Laws Companies Law Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112625