https://www.taxtmi.com/caselaws?id=274386 The court held that Purna Investment Pvt. Ltd. lacked the locus standi to intervene in the settlement proceedings, dismissing the application as an abuse of process. Consequently, the court did not address the substantive issues raised by the petitioner regarding the validity of the proposed terms of settlement, the authority of the Committee of Management, jurisdiction of the court, fairness of the private treaty sale, and the consent requirement under Order 23 Rule 3 of the CPC. en-us Fri, 21 Aug 1981 00:00:00 +0530 Fri, 10 Aug 2018 15:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274386 The court held that Purna Investment Pvt. Ltd. lacked the locus standi to intervene in the settlement proceedings, dismissing the application as an abuse of process. Consequently, the court did not address the substantive issues raised by the petitioner regarding the validity of the proposed terms of settlement, the authority of the Committee of Management, jurisdiction of the court, fairness of the private treaty sale, and the consent requirement under Order 23 Rule 3 of the CPC. Case-Laws Companies Law Fri, 21 Aug 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274386