https://www.taxtmi.com/caselaws?id=305945 An impleadment order in an industrial reference was upheld because the shareholding dispute was already pending before the civil court and had not been finally decided; the rehabilitative forum was therefore not to determine that controversy on merits, and allowing participation was treated as a prudent procedural step. The writ challenge also failed because, after repeal of the Sick Industrial Companies framework, the proceeding under that regime no longer survived and the petition became infructuous. The challenge to the impugned order thus came to an end, leaving other remedies open in law. en-us Wed, 25 Jan 2017 00:00:00 +0530 Sat, 31 Dec 2022 08:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305945 An impleadment order in an industrial reference was upheld because the shareholding dispute was already pending before the civil court and had not been finally decided; the rehabilitative forum was therefore not to determine that controversy on merits, and allowing participation was treated as a prudent procedural step. The writ challenge also failed because, after repeal of the Sick Industrial Companies framework, the proceeding under that regime no longer survived and the petition became infructuous. The challenge to the impugned order thus came to an end, leaving other remedies open in law. Case-Laws Companies Law Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305945