TMI Blog2015 (8) TMI 1489X X X X Extracts X X X X X X X X Extracts X X X X ..... oard 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. - Company Appeal No.12 of 2015 and M.P.No.1 of 2015 - - - Dated:- 10-8-2015 - Financial Technologies (India) Limited Versus Union of India, Jignesh Prakash Shah, Dewang Sunderraj Neralla, 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 Shant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellant herein should be given time for filing their counter affidavit, it proceeded to pass an ex parte and blanket interim order of 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 and such a blanket order would paralyse the entire proceedings and functioning of the appellant company. Therefore, learned Senior Counsel would pray that the interim order of injunction should be set aside. 5. Mr.G.Rajagopalan, learned Additional Solicitor General, would submit that as the order challenged in the Company Appeal is against the interim order only and no final order was passed, the Appeal is not maintainable. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter to the Company Law Board. Accordingly, the matter is remitted to the Company Law Board at New Delhi for hearing Company Petition No.1 of 2015 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. It is reported that the Company Petition is posted for hearing on 02.09.2015. The Company Law Board is directed to dispose of the Company Petition, as expeditiously as possible, however not beyond 11th September 2015. 9. With the above observation, the Company Appeal is disposed of. the connected Miscellaneous Petition is closed. No costs. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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