https://www.taxtmi.com/caselaws?id=772661 NCLAT, Chennai dismissed the appeal and refused the interim stay sought to keep the proposed EGM proposal of the respondent in abeyance. The tribunal held that interim relief under Sections 241-242 is discretionary and declined relief because the appellant came with unclean hands and had prima facie committed continuous breaches of a service contract; the appellant's conduct was deemed unbecoming of an officer owed allegiance to the respondent. The impugned interlocutory order was found to beReasoned and equitable, and the appeal was rejected. en-us Fri, 06 Jun 2025 00:00:00 +0530 Thu, 06 Nov 2025 17:56:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772661 NCLAT, Chennai dismissed the appeal and refused the interim stay sought to keep the proposed EGM proposal of the respondent in abeyance. The tribunal held that interim relief under Sections 241-242 is discretionary and declined relief because the appellant came with unclean hands and had prima facie committed continuous breaches of a service contract; the appellant's conduct was deemed unbecoming of an officer owed allegiance to the respondent. The impugned interlocutory order was found to beReasoned and equitable, and the appeal was rejected. Case-Laws Companies Law Fri, 06 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772661