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    <title>2025 (4) TMI 638 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAI</title>
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    <description>NCLAT Chennai dismissed appeal against interim order staying AGM proceedings scheduled for 27.09.2024. Tribunal held that interlocutory orders exercising discretionary powers without long-term bearing on parties&#039; rights are not appealable under Section 421. Court rejected appellant&#039;s reliance on previous 14.09.2023 order appointing advocate commissioner for AGM, ruling earlier interim orders cannot serve as precedent for similar relief applications. Distinguished cases cited by appellant as factually different. Directed tribunal to consider stay vacation application without influence from appellate observations and decide pending application independently based on applicable law provisions.</description>
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    <pubDate>Mon, 07 Apr 2025 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=768724</link>
      <description>NCLAT Chennai dismissed appeal against interim order staying AGM proceedings scheduled for 27.09.2024. Tribunal held that interlocutory orders exercising discretionary powers without long-term bearing on parties&#039; rights are not appealable under Section 421. Court rejected appellant&#039;s reliance on previous 14.09.2023 order appointing advocate commissioner for AGM, ruling earlier interim orders cannot serve as precedent for similar relief applications. Distinguished cases cited by appellant as factually different. Directed tribunal to consider stay vacation application without influence from appellate observations and decide pending application independently based on applicable law provisions.</description>
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