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2015 (8) TMI 1489 - HC - Companies LawGrant of interim injunction - restraint from selling/alienating or creating any third party rights in the assets and investments of the respondent company - HELD THAT:- The impugned order passed 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. The matter is remitted to the Company Law Board at New Delhi for hearing Company Petition after affording opportunities to both the parties and to pass appropriate orders on merits and in accordance with law. The interim order dated 10.7.2015 passed by this Court would continue till the disposal of the Company Petition. Appeal disposed off.
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