https://www.taxtmi.com/caselaws?id=259408 Maintainability of a civil suit must be tested against the governing statutory framework, including any specific remedy under the Companies Act, and cannot rest on a mere chronology of events; the High Court's finding on maintainability was therefore unsustainable. Interim directions also require a reasoned assessment of prima facie case and balance of convenience, and unsupported directions to consider a requisition notice and maintain status quo could not stand. The impugned order was set aside, and the substantive dispute was left to be decided afresh by the High Court on merits. en-us Tue, 17 Mar 2015 00:00:00 +0530 Thu, 25 Aug 2022 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259408 Maintainability of a civil suit must be tested against the governing statutory framework, including any specific remedy under the Companies Act, and cannot rest on a mere chronology of events; the High Court's finding on maintainability was therefore unsustainable. Interim directions also require a reasoned assessment of prima facie case and balance of convenience, and unsupported directions to consider a requisition notice and maintain status quo could not stand. The impugned order was set aside, and the substantive dispute was left to be decided afresh by the High Court on merits. Case-Laws Companies Law Tue, 17 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259408