<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2006 (9) TMI 598 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=277734</link>
    <description>Exclusive jurisdiction over oppression and mismanagement proceedings requires the Company Law Board to consider interim relief despite parallel civil and writ proceedings unless they directly and substantially cover the same controversy or bar relief. Section 10 of the Code of Civil Procedure is procedural and does not justify a blanket refusal where other proceedings cannot provide complete adjudication. Interim protection depends on a prima facie case, balance of convenience and irreparable injury. Majority shareholding, exclusion from company meetings and disputed management changes supported preservation of the last non-contested status through joint bank operations, a CEO/president appointment process and an independent chairperson for the annual general meeting, without deciding the merits.</description>
    <language>en-us</language>
    <pubDate>Tue, 05 Sep 2006 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 20 Dec 2018 10:54:27 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=547725" rel="self" type="application/rss+xml"/>
    <item>
      <title>2006 (9) TMI 598 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=277734</link>
      <description>Exclusive jurisdiction over oppression and mismanagement proceedings requires the Company Law Board to consider interim relief despite parallel civil and writ proceedings unless they directly and substantially cover the same controversy or bar relief. Section 10 of the Code of Civil Procedure is procedural and does not justify a blanket refusal where other proceedings cannot provide complete adjudication. Interim protection depends on a prima facie case, balance of convenience and irreparable injury. Majority shareholding, exclusion from company meetings and disputed management changes supported preservation of the last non-contested status through joint bank operations, a CEO/president appointment process and an independent chairperson for the annual general meeting, without deciding the merits.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Tue, 05 Sep 2006 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=277734</guid>
    </item>
  </channel>
</rss>