https://www.taxtmi.com/caselaws?id=436756 The tribunal set aside the NCLT's interim order directing status quo, allowing the appellant to proceed with creating third-party interests and continuing construction. The NCLT clarified it would not make findings on the validity of the sale deed as the main petition was pending. The balance of convenience favored the appellant due to potential irreparable loss to purchasers. The appeal was allowed without costs, emphasizing that the observations made were not to influence the NCLT's final decision in the main case. en-us Tue, 18 Apr 2023 00:00:00 +0530 Thu, 20 Apr 2023 10:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436756 The tribunal set aside the NCLT's interim order directing status quo, allowing the appellant to proceed with creating third-party interests and continuing construction. The NCLT clarified it would not make findings on the validity of the sale deed as the main petition was pending. The balance of convenience favored the appellant due to potential irreparable loss to purchasers. The appeal was allowed without costs, emphasizing that the observations made were not to influence the NCLT's final decision in the main case. Case-Laws Companies Law Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436756