https://www.taxtmi.com/caselaws?id=797578 Section 12A requires pre-litigation mediation before a commercial suit unless the suit genuinely contemplates urgent interim relief. Urgency requires a holistic assessment of the suit's nature, subject matter, cause of action and pleaded circumstances from the plaintiff's standpoint; an interim-relief prayer cannot merely circumvent mediation. Urgent disclosure and asset-protection relief was warranted where investors alleged misappropriation, asset details had not been updated, and claims were received and aggregated over time. The commercial suit therefore fell within the urgent-interim-relief exception, and non-compliance with pre-litigation mediation did not require rejection of the plaint. en-us Fri, 21 Aug 2026 00:00:00 +0530 Tue, 25 Aug 2026 08:34:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797578 Section 12A requires pre-litigation mediation before a commercial suit unless the suit genuinely contemplates urgent interim relief. Urgency requires a holistic assessment of the suit's nature, subject matter, cause of action and pleaded circumstances from the plaintiff's standpoint; an interim-relief prayer cannot merely circumvent mediation. Urgent disclosure and asset-protection relief was warranted where investors alleged misappropriation, asset details had not been updated, and claims were received and aggregated over time. The commercial suit therefore fell within the urgent-interim-relief exception, and non-compliance with pre-litigation mediation did not require rejection of the plaint. Case-Laws SEBI Fri, 21 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797578