https://www.taxtmi.com/caselaws?id=290174 The court dismissed the Plaintiff's Notice of Motion for interim relief, vacating prior ad-interim orders. It found Defendant Nos. 1 and 2 obligated to return shares post-loan repayment, rejecting their counterclaims for damages and interest. Defendant No. 3's actions were deemed legitimate due to non-compliance with the Depositories Act and SEBI Regulations by the Plaintiff. The court extended ad-interim reliefs for three weeks, allowing the Plaintiff time to pursue further legal remedies. en-us Wed, 05 Feb 2014 00:00:00 +0530 Thu, 14 Nov 2024 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290174 The court dismissed the Plaintiff's Notice of Motion for interim relief, vacating prior ad-interim orders. It found Defendant Nos. 1 and 2 obligated to return shares post-loan repayment, rejecting their counterclaims for damages and interest. Defendant No. 3's actions were deemed legitimate due to non-compliance with the Depositories Act and SEBI Regulations by the Plaintiff. The court extended ad-interim reliefs for three weeks, allowing the Plaintiff time to pursue further legal remedies. Case-Laws Indian Laws Wed, 05 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290174