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2020 (10) TMI 1221

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..... and in case the property is sold and consideration is taken by the Respondents in their personal accounts, they will deprive the Petitioners of their rights - HELD THAT:- The petitioners have made out prima facie case, balance of convenience is in the favour of Petitioners and in case the property of the Respondent No. 1 is sold, the same will cause irreparable loss to the Petitioners and Respon .....

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..... ioner is present. The Registry is directed to issue notice to the Respondents. Counsel for Petitioner is permitted to issue private notice to the Respondents by all modes and file proof of service along with an Affidavit on or before the next date of hearing. Counsel for the Petitioners submitted that they are the shareholders in the first Respondent company and together they are holding 37% of .....

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..... from selling property of the Respondent no. 1. till further orders. Besides this, the Respondents are also directed not to change the share holding pattern of the first Respondent company without seeking prior permission from this Tribunal. A copy of this order shall be obtained by the Counsel for the Petitioners for sending to the Respondents for information and compliance. List the matter on .....

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