https://www.taxtmi.com/caselaws?id=281327 The Tribunal listed the matter for further consideration due to the likelihood of High Court involvement. The petitioner transferred shares to another party for the company's benefit, facing concerns over irregularities and removal as director without substantial reasons. An urgent motion was made after the High Court rejected a Writ Petition. The Tribunal found a prima facie case for the petitioner, issuing interim orders to maintain the status quo on shareholding and directorship. Respondents were directed to refrain from altering positions, with further proceedings set for November 15, 2018. en-us Wed, 26 Sep 2018 00:00:00 +0530 Fri, 14 Jun 2019 06:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281327 The Tribunal listed the matter for further consideration due to the likelihood of High Court involvement. The petitioner transferred shares to another party for the company's benefit, facing concerns over irregularities and removal as director without substantial reasons. An urgent motion was made after the High Court rejected a Writ Petition. The Tribunal found a prima facie case for the petitioner, issuing interim orders to maintain the status quo on shareholding and directorship. Respondents were directed to refrain from altering positions, with further proceedings set for November 15, 2018. Case-Laws Companies Law Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281327