https://www.taxtmi.com/article/detailed?id=5426 The bench rejected the objection that it cannot review its own ad interim orders, holding that ex parte interim orders may be recalled, varied or modified during pendency; substantive issues including collusion, time bar and oppression must be decided at final hearing. To balance equities, the bench allowed construction to continue on condition of an undertaking that the transferee will not claim benefit from constructions if the transfer is set aside, while maintaining restraint against creating third party interests. en-us Thu, 09 Jan 2014 09:54:42 +0530 Thu, 09 Jan 2014 09:54:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5426 The bench rejected the objection that it cannot review its own ad interim orders, holding that ex parte interim orders may be recalled, varied or modified during pendency; substantive issues including collusion, time bar and oppression must be decided at final hearing. To balance equities, the bench allowed construction to continue on condition of an undertaking that the transferee will not claim benefit from constructions if the transfer is set aside, while maintaining restraint against creating third party interests. Articles Corporate Laws / IBC / SEBI Thu, 09 Jan 2014 09:54:42 +0530 https://www.taxtmi.com/article/detailed?id=5426