https://www.taxtmi.com/caselaws?id=248674 The Court granted the Petitioners interim relief by restraining M/s Cross Links from exercising any rights, including voting rights, on the 50,000,000 Class C equity shares allotted at a nominal value of Rs. 1/- per share. The Court found that the balance of convenience favored the Petitioners, particularly due to the risk of irreparable loss faced by IL & FS Group. The Court held that the Petitioners had established a prima facie case for the interim reliefs sought and scheduled the matter for a final hearing on April 24, 2014. en-us Mon, 24 Feb 2014 00:00:00 +0530 Fri, 20 Jun 2014 14:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248674 The Court granted the Petitioners interim relief by restraining M/s Cross Links from exercising any rights, including voting rights, on the 50,000,000 Class C equity shares allotted at a nominal value of Rs. 1/- per share. The Court found that the balance of convenience favored the Petitioners, particularly due to the risk of irreparable loss faced by IL & FS Group. The Court held that the Petitioners had established a prima facie case for the interim reliefs sought and scheduled the matter for a final hearing on April 24, 2014. Case-Laws Companies Law Mon, 24 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248674