https://www.taxtmi.com/caselaws?id=297840 The court held that the defendants acted within their contractual rights by selling pledged shares due to plaintiffs' defaults. The notice period for the sale was deemed reasonable under the Contract Act. The court rejected plaintiffs' claim for damages as they needed to prove the damages first. Consequently, the defendants were not restrained from further actions on the pledged shares, and the case was set for further proceedings. en-us Wed, 13 Feb 2019 00:00:00 +0530 Fri, 24 Sep 2021 07:18:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297840 The court held that the defendants acted within their contractual rights by selling pledged shares due to plaintiffs' defaults. The notice period for the sale was deemed reasonable under the Contract Act. The court rejected plaintiffs' claim for damages as they needed to prove the damages first. Consequently, the defendants were not restrained from further actions on the pledged shares, and the case was set for further proceedings. Case-Laws Indian Laws Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297840