https://www.taxtmi.com/caselaws?id=424347 The appellate court upheld the Single Judge's decision to refuse ad-interim relief, emphasizing the importance of the pledgor's right of redemption and procedural requirements for the sale of pledged securities. It concluded that the contractual terms of the Pledge Deed, including the transfer of voting rights to Catalyst and YBL, must comply with the law of pledges and regulatory requirements. The appeal was dismissed, affirming the Single Judge's order. en-us Thu, 23 Jun 2022 00:00:00 +0530 Mon, 27 Jun 2022 19:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424347 The appellate court upheld the Single Judge's decision to refuse ad-interim relief, emphasizing the importance of the pledgor's right of redemption and procedural requirements for the sale of pledged securities. It concluded that the contractual terms of the Pledge Deed, including the transfer of voting rights to Catalyst and YBL, must comply with the law of pledges and regulatory requirements. The appeal was dismissed, affirming the Single Judge's order. Case-Laws Companies Law Thu, 23 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424347