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    <title>2026 (3) TMI 665 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>The note addresses maintainability and interim relief in oppression and mismanagement proceedings: it clarifies that petitioners meeting the numerical and shareholding threshold under Section 244 satisfy statutory eligibility and that a tribunal may, on prima facie review, direct transmission of shares to class I legal heirs where shares remain registered in the deceased&#039;s name and no valid transmission has occurred. The tribunal may also examine validity of gift deeds and related transfer documents at the interlocutory stage for purposes of granting interim transmission, while reserving full adjudication of disputed title for the substantive hearing.</description>
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      <description>The note addresses maintainability and interim relief in oppression and mismanagement proceedings: it clarifies that petitioners meeting the numerical and shareholding threshold under Section 244 satisfy statutory eligibility and that a tribunal may, on prima facie review, direct transmission of shares to class I legal heirs where shares remain registered in the deceased&#039;s name and no valid transmission has occurred. The tribunal may also examine validity of gift deeds and related transfer documents at the interlocutory stage for purposes of granting interim transmission, while reserving full adjudication of disputed title for the substantive hearing.</description>
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