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2020 (7) TMI 561 - AT - Companies LawMaintenance of status quo about fixed assets and shareholding pattern of the Company - principal of lis pendence - HELD THAT:- It is apparent that NCLT has rejected the prayer of R-1 for impleading subsequent purchaser as party to the proceedings. However, directed that the subsequent purchaser’s right will be governed by Principal of lis pendence and the issue is kept open. It means such order is not final. Impugned order upheld - appeal disposed off.
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