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    <title>2009 (9) TMI 1057 - COMPANY LAW BOARD, CHENNAI</title>
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    <description>The court held that it lacked the power to enforce an unregistered lease agreement and that the decision to extend the lease was within the owners&#039; discretion. As a result, the petitioners were not entitled to an injunction to restrain eviction from the leased property. The court also addressed allegations of oppression and mismanagement, emphasizing the need for a prima facie case for interim relief under Section 403. The bench granted equitable relief but required the respondents to file counters within three weeks for further adjudication.</description>
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      <link>https://www.taxtmi.com/caselaws?id=297126</link>
      <description>The court held that it lacked the power to enforce an unregistered lease agreement and that the decision to extend the lease was within the owners&#039; discretion. As a result, the petitioners were not entitled to an injunction to restrain eviction from the leased property. The court also addressed allegations of oppression and mismanagement, emphasizing the need for a prima facie case for interim relief under Section 403. The bench granted equitable relief but required the respondents to file counters within three weeks for further adjudication.</description>
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