https://www.taxtmi.com/caselaws?id=400404 The Tribunal granted interim relief by allowing the restoration of bank account operations for routine business expenditure, with quarterly reporting requirements to ensure transparency and prevent further financial harm. The decision aims to safeguard the company's existence, prevent closure due to internal disputes, and balance the interests of both parties. By defreezing the bank accounts, the Tribunal addresses the immediate threat to business continuity and economic stability, emphasizing the importance of maintaining operations to prevent irreparable harm and economic loss. en-us Mon, 31 Aug 2020 00:00:00 +0530 Fri, 06 Nov 2020 09:31:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400404 The Tribunal granted interim relief by allowing the restoration of bank account operations for routine business expenditure, with quarterly reporting requirements to ensure transparency and prevent further financial harm. The decision aims to safeguard the company's existence, prevent closure due to internal disputes, and balance the interests of both parties. By defreezing the bank accounts, the Tribunal addresses the immediate threat to business continuity and economic stability, emphasizing the importance of maintaining operations to prevent irreparable harm and economic loss. Case-Laws Companies Law Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400404