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    <title>2021 (5) TMI 396 - NATIONAL COMPANY LAW TRIBUNAL , KOLKATA BENCH</title>
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    <description>The tribunal granted interim relief by staying resolutions from the EGM until further orders, citing equity principles in family-owned companies. The petitioners&#039; prima facie case for relief was acknowledged due to disruption caused by the respondent group&#039;s actions. The respondents were directed to file replies within four weeks, emphasizing the need for valid reasons to disrupt longstanding arrangements in family-owned entities. Future proceedings were scheduled to address potential violations of equity principles by the respondent group.</description>
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      <description>The tribunal granted interim relief by staying resolutions from the EGM until further orders, citing equity principles in family-owned companies. The petitioners&#039; prima facie case for relief was acknowledged due to disruption caused by the respondent group&#039;s actions. The respondents were directed to file replies within four weeks, emphasizing the need for valid reasons to disrupt longstanding arrangements in family-owned entities. Future proceedings were scheduled to address potential violations of equity principles by the respondent group.</description>
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