2015 (8) TMI 1489

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....eralla, Manjay Prakash Shah, Venkat chary, Rajan Jodhraj Kochar, Achudanarayanan, Rajendran Soundaram, Devendra Kumar Agrawal, Berjis Minoo Desai, Anil Chandanmal Singhvi, Miten Narendra Mehta, M.Nisha Dutt, Sunil Hasmukhlal Shah, Prashant Desai, Jigish Shantilal Sonagara, Rajendra Madanmal Mehta, Hariraj Chouhan, Chandrasekhar Subhramaniam, Kanaiyalal Sheth, Pandurang Ghanasham, .Naishadh Desai, ....

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....led challenging the order dated 30.6.2015 passed in Company Petition No.1 of 2015 by the Company Law Board, Principal Bench at New Delhi, granting interim injunction, restraining the first respondent/appellant herein from selling/alienating or creating any third party rights in the assets and investments of the respondent company. 4. Assailing the impugned order, Mr.P.S.Raman, learned Senior Coun....

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....was passed, the Appeal is not maintainable.  The learned Additional Solicitor General would further submit that as the impugned order was passed by the Company Law Board at New Delhi, as for the territorial jurisdiction also, this Company Appeal is not maintainable. 6. For the sake of better understanding, the impugned order dated 30.6.2015 passed in Company Petition No.1 of 2015 by the Comp....

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....ed would immobolise the day-to-day affairs of the appellant company and that the order was passed without giving an opportunity to the appellant though the respondent had earlier taken several adjournments, this Court is of the view that, without going into the merits of the case, it would be appropriate to remit the matter to the Company Law Board.   Accordingly, the matter is remitted ....