https://www.taxtmi.com/caselaws?id=395120 The appeals were allowed as the appellants, being bound by the orders and facing potential contempt, were considered "persons aggrieved." The probate court was found to lack jurisdiction in interfering with company AGMs, leading to the set-aside of orders due to lack of reasons. The court emphasized the necessity of reasons in orders affecting third parties. The balance of convenience favored the appellants, directing the matter to be reheard, clarifying that the findings were solely for the appeal determination. A stay request by respondents was denied. en-us Mon, 04 May 2020 00:00:00 +0530 Thu, 07 May 2020 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395120 The appeals were allowed as the appellants, being bound by the orders and facing potential contempt, were considered "persons aggrieved." The probate court was found to lack jurisdiction in interfering with company AGMs, leading to the set-aside of orders due to lack of reasons. The court emphasized the necessity of reasons in orders affecting third parties. The balance of convenience favored the appellants, directing the matter to be reheard, clarifying that the findings were solely for the appeal determination. A stay request by respondents was denied. Case-Laws Companies Law Mon, 04 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395120