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    <title>2012 (7) TMI 85 - DELHI HIGH COURT</title>
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    <description>An appellate court will not interfere with an order declining investigation into company affairs where the core allegations remain pending for fresh adjudication in a remanded company petition. The Court noted that the disputes arising from the two memoranda of understanding had not been finally examined on merits and declined to pre-empt the outcome of the remanded proceedings. In that setting, no perversity was found in leaving the controversy to be decided in the pending company petition, and the appeal against refusal of investigation was dismissed as unmeritorious.</description>
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      <link>https://www.taxtmi.com/caselaws?id=214510</link>
      <description>An appellate court will not interfere with an order declining investigation into company affairs where the core allegations remain pending for fresh adjudication in a remanded company petition. The Court noted that the disputes arising from the two memoranda of understanding had not been finally examined on merits and declined to pre-empt the outcome of the remanded proceedings. In that setting, no perversity was found in leaving the controversy to be decided in the pending company petition, and the appeal against refusal of investigation was dismissed as unmeritorious.</description>
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      <pubDate>Mon, 23 Apr 2012 00:00:00 +0530</pubDate>
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