https://www.taxtmi.com/caselaws?id=303142 The High Court granted the Plaintiff's request for interim relief, restraining the Defendants from disposing of or encumbering shares, assets, and properties of a company pending NCLT's decision on permissions for a Share Purchase Agreement. The court emphasized contract sanctity, rejecting jurisdictional challenges and arguments related to an NCLAT stay order. The balance of convenience favored the Plaintiff, leading to the interim order in their favor. en-us Wed, 13 Oct 2021 00:00:00 +0530 Wed, 06 Jul 2022 00:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303142 The High Court granted the Plaintiff's request for interim relief, restraining the Defendants from disposing of or encumbering shares, assets, and properties of a company pending NCLT's decision on permissions for a Share Purchase Agreement. The court emphasized contract sanctity, rejecting jurisdictional challenges and arguments related to an NCLAT stay order. The balance of convenience favored the Plaintiff, leading to the interim order in their favor. Case-Laws Companies Law Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303142