https://www.taxtmi.com/caselaws?id=470510 Modification of preference-share redemption terms complied with the class-rights variation requirements because identical terms were offered to all preference shareholders and written consent exceeded the prescribed three-fourths threshold; no separate sub-class meeting was required. Interim asset-preservation relief must be ancillary to and support the final relief claimed in the suit. As the suit challenged the annual general meeting resolution while the application sought restraints on dealing with assets, the requested protection was not sustainable. Earlier interlocutory orders did not operate as res judicata because they expressly left all issues open for decision. The interim order's confirmation was therefore invalid. en-us Thu, 12 Mar 2026 00:00:00 +0530 Wed, 29 Jul 2026 18:59:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470510 Modification of preference-share redemption terms complied with the class-rights variation requirements because identical terms were offered to all preference shareholders and written consent exceeded the prescribed three-fourths threshold; no separate sub-class meeting was required. Interim asset-preservation relief must be ancillary to and support the final relief claimed in the suit. As the suit challenged the annual general meeting resolution while the application sought restraints on dealing with assets, the requested protection was not sustainable. Earlier interlocutory orders did not operate as res judicata because they expressly left all issues open for decision. The interim order's confirmation was therefore invalid. Case-Laws Companies Law Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470510