https://www.taxtmi.com/caselaws?id=403631 The Tribunal dismissed the Petitioner's application seeking to restrain the Respondent Company from corporate restructuring in violation of interim orders, emphasizing that the appropriate remedy for such violations is through contempt proceedings under Section 425 of the Companies Act. The judgment stressed the significance of following legal procedures and pursuing contempt actions in cases of non-compliance with court directives, underscoring the importance of upholding the rule of law in corporate affairs. en-us Fri, 27 Nov 2020 00:00:00 +0530 Thu, 04 Feb 2021 08:37:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403631 The Tribunal dismissed the Petitioner's application seeking to restrain the Respondent Company from corporate restructuring in violation of interim orders, emphasizing that the appropriate remedy for such violations is through contempt proceedings under Section 425 of the Companies Act. The judgment stressed the significance of following legal procedures and pursuing contempt actions in cases of non-compliance with court directives, underscoring the importance of upholding the rule of law in corporate affairs. Case-Laws Companies Law Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403631