https://www.taxtmi.com/caselaws?id=292864 The Court allowed the writ petitions challenging the NCLT's ex parte interim order, permitting the petitioners to conduct essential financial transactions until further orders from NCLT or NCLAT. Despite objections on maintainability without NCLT as a party, the Court considered the practical challenges faced by the petitioners in filing an appeal and the impact of NCLT's order on company operations. Restrictions were imposed on certain financial activities, with future transactions subject to orders from NCLT or NCLAT. en-us Wed, 22 Jul 2020 00:00:00 +0530 Sat, 09 Jan 2021 20:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292864 The Court allowed the writ petitions challenging the NCLT's ex parte interim order, permitting the petitioners to conduct essential financial transactions until further orders from NCLT or NCLAT. Despite objections on maintainability without NCLT as a party, the Court considered the practical challenges faced by the petitioners in filing an appeal and the impact of NCLT's order on company operations. Restrictions were imposed on certain financial activities, with future transactions subject to orders from NCLT or NCLAT. Case-Laws Companies Law Wed, 22 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292864