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2020 (12) TMI 760 - Tri - Companies LawSeeking a stay of conduct of the Annual General Meetings of the R1 Company proposed to be held on 11.12.2020 - HELD THAT:- Upon hearing of the parties and on perusal of the materials on record, this Tribunal is of the opinion that the relief to stay the AGMs to be held on 11.12.2020 cannot be granted. However, the respondents are directed that the decisions/resolutions/business taken in the ensuing AGMs be kept in abeyance until further orders. It is made clear that respondents are at liberty to take recourse to avail the benefit of “Companies Fresh Start Scheme 2020” if such a course is necessary. Application disposed off.
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