https://www.taxtmi.com/caselaws?id=789939 An appellate forum will not disturb a reasoned interim order preserving status quo in shareholding, directorship, and bank account operations where the order is designed to protect the subject matter of the lis pending adjudication. The tribunal noted that the protective arrangement was meant to prevent prejudice arising from rival allegations over management and alleged diversion of funds, and that the earlier protective order had not been challenged. On that basis, no clear error or prejudice was shown, so interference was declined and the interim protection was allowed to continue. en-us Fri, 10 Apr 2026 00:00:00 +0530 Fri, 17 Apr 2026 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789939 An appellate forum will not disturb a reasoned interim order preserving status quo in shareholding, directorship, and bank account operations where the order is designed to protect the subject matter of the lis pending adjudication. The tribunal noted that the protective arrangement was meant to prevent prejudice arising from rival allegations over management and alleged diversion of funds, and that the earlier protective order had not been challenged. On that basis, no clear error or prejudice was shown, so interference was declined and the interim protection was allowed to continue. Case-Laws Companies Law Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789939