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    <title>2009 (7) TMI 787 - HIGH COURT OF BOMBAY</title>
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    <description>The Court set aside the Company Law Board&#039;s decision granting interim relief without tangible reasons and directing the appellant to provide information without justification. The Board&#039;s decisions were deemed unjustified and lacking legal basis. The matter was remanded for reconsideration based on legal principles, emphasizing fair opportunities for both parties. The Court also directed the appellant to maintain the status quo for two weeks regarding preferential issues of board directors, allowing the main petition&#039;s hearing to proceed as directed for early disposal by the Apex Court.</description>
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      <description>The Court set aside the Company Law Board&#039;s decision granting interim relief without tangible reasons and directing the appellant to provide information without justification. The Board&#039;s decisions were deemed unjustified and lacking legal basis. The matter was remanded for reconsideration based on legal principles, emphasizing fair opportunities for both parties. The Court also directed the appellant to maintain the status quo for two weeks regarding preferential issues of board directors, allowing the main petition&#039;s hearing to proceed as directed for early disposal by the Apex Court.</description>
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