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    <title>2016 (3) TMI 123 - BOMBAY HIGH COURT</title>
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    <description>An interlocutory status quo order of the Company Law Board in an oppression and mismanagement matter was held not to warrant appellate interference under section 10F unless it raised a question of law or showed perversity, arbitrariness, or patent legal error. Because the order was a temporary, prima facie measure passed at a preliminary stage while pleadings and impleadment were still pending, the challenge sought an impermissible merits review. The appeal was therefore not maintainable, the interim restraint remained in force, and the Board was left free to proceed with the pending application and main petition according to law.</description>
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    <pubDate>Fri, 26 Feb 2016 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=272311</link>
      <description>An interlocutory status quo order of the Company Law Board in an oppression and mismanagement matter was held not to warrant appellate interference under section 10F unless it raised a question of law or showed perversity, arbitrariness, or patent legal error. Because the order was a temporary, prima facie measure passed at a preliminary stage while pleadings and impleadment were still pending, the challenge sought an impermissible merits review. The appeal was therefore not maintainable, the interim restraint remained in force, and the Board was left free to proceed with the pending application and main petition according to law.</description>
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