https://www.taxtmi.com/caselaws?id=283328 The Supreme Court set aside the High Court's intervention in the ad-interim order issued by the Company Law Board, emphasizing that the High Court should not interfere when the interim relief matter is pending before the Board. The Supreme Court refrained from expressing opinions on the case's merits as it was ongoing before the Board. The Company was permitted to cover day-to-day expenses without creating third-party rights on its assets. Appeals were disposed of, and the Company Law Board was tasked with confirming, varying, or vacating the interim order after hearing all parties involved. en-us Mon, 18 Apr 2016 00:00:00 +0530 Thu, 19 Sep 2019 08:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283328 The Supreme Court set aside the High Court's intervention in the ad-interim order issued by the Company Law Board, emphasizing that the High Court should not interfere when the interim relief matter is pending before the Board. The Supreme Court refrained from expressing opinions on the case's merits as it was ongoing before the Board. The Company was permitted to cover day-to-day expenses without creating third-party rights on its assets. Appeals were disposed of, and the Company Law Board was tasked with confirming, varying, or vacating the interim order after hearing all parties involved. Case-Laws Companies Law Mon, 18 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283328