https://www.taxtmi.com/caselaws?id=437175 A contempt notice based on non-compliance with an operative direction was sustained because the plea of merger did not, at that stage, oust the forum's jurisdiction or negate wilful disobedience. The challenge also failed since the materials did not warrant interference merely on issuance of notice. A separate request to modify the direction for appointment of government directors was rejected because that direction had already been upheld through the appellate chain, and subsequent events or alleged financial turnaround did not permit alteration by the same forum. The common order was affirmed, with liberty only to file a reply in the contempt proceedings and place later developments before the Tribunal below in accordance with law. en-us Tue, 25 Apr 2023 00:00:00 +0530 Sat, 29 Apr 2023 09:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437175 A contempt notice based on non-compliance with an operative direction was sustained because the plea of merger did not, at that stage, oust the forum's jurisdiction or negate wilful disobedience. The challenge also failed since the materials did not warrant interference merely on issuance of notice. A separate request to modify the direction for appointment of government directors was rejected because that direction had already been upheld through the appellate chain, and subsequent events or alleged financial turnaround did not permit alteration by the same forum. The common order was affirmed, with liberty only to file a reply in the contempt proceedings and place later developments before the Tribunal below in accordance with law. Case-Laws Companies Law Tue, 25 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437175