2019 (6) TMI 848

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....(Judicial) For Appellant: - Mr. Mainak Bose, Mr. Amitabh Roy, Mr. Abhishek Sharma, Advocates. For Respondents:- Mr. P. Nagesh and Mr. Soumya Datta, Advocates. JUDGMENT In a pending petition under Sections 241-242 of the Companies Act, 2013, an interim order was passed on 14th February, 2017. The Respondent filed an Interlocutory Application for vacating the interim order dated 14th Feb....

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....considered at this preliminary hearing stage. It requires larger evidence. Therefore, in the better interest of the R1 company, it appears to me that permission to let out the building basement floor referred to above can be allowed subject to passing final order in the IA with a direction to the applicant to keep the rent in a separate account in the name of the company which could not be utilise....

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....hareholding and composition of the Board of Directors. Meanwhile, immovable properties of respondent No.1 Company can only be disposed of with the consent of both the parties or with the leave of the Court." 4. The Respondents took plea that one 'Reliance Corporate IT Park Ltd.' approached the company with a proposal for obtaining on lease 12,447 sq. ft. carpet area spreading across Basement, G....

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....day. The said area is utilised by the company. 6. It was in the aforesaid background, the Tribunal having noticed the submissions, passed the impugned order allowing the Company to give it on rent to the party. 7. The Respondents have filed the Report of the Chartered Accountant (G L Harlalka & Co.) dated 8th May, 2019 from which we find that income on account of hire charges for Banquet Hal....