Allows oppression/mismanagement petition, rejects forum shopping allegation, grants interim relief
CLB allows oppression/mismanagement petition, directs non-creation of any third party rights over co.’s land and maintain status-quo over fixed assets until further order; Observes that petitioners were removed as directors and respondent’s relatives were appointed as directors without giving notice and requisite forms were filed with Registrar; Notes that petitioners had earlier filed civil suit against respondents seeking remedy against illegal acts, rejects respondent’s allegation that petitioners are engaged in forum shopping, holds “merely filing of any suit before any court of Law will not restrain other competent forum from passing any order”; Observes that petitioners also initiated criminal action against respondent alleging forgery, holds that parties are at liberty to initiate civil proceedings on same subject matter pending before criminal court, notwithstanding outcome of criminal case: New Delhi CLB
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CLB allows oppression/mismanagement petition, directs non-creation of any third party rights over co.’s land and maintain status-quo over fixed assets until further order; Observes that petitioners were removed as directors and respondent’s relatives were appointed as directors without giving notice and requisite forms were filed with Registrar; Notes that petitioners had earlier filed civil suit against respondents seeking remedy against illegal acts, rejects respondent’s allegation that petitioners are engaged in forum shopping, holds “merely filing of any suit before any court of Law will not restrain other competent forum from passing any order”; Observes that petitioners also initiated criminal action against respondent alleging forgery, holds that parties are at liberty to initiate civil proceedings on same subject matter pending before criminal court, notwithstanding outcome of criminal case: New Delhi CLB
Company Secretary GAURAV SHARMA+919990694230 Email us [email protected]
https://gauravsharmaassociates.wordpress.com https://femaindiaservices.wordpress.com
Connect with our Facebook Page:- Click and Like our Page https://www.facebook.com/gauravdelhiravpage
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