Shehzad Adil Nensey v. Kishwar Adil Nensey and 5 Ors.
Case brief
What is this about?
Bombay HC (Farhan P. Dubash J, 05.03.2026), IA 3214/2025 in Suit 145/2024: interim estate-protection reliefs — joint bank signatory, deposit of rents/licence fees with the Prothonotary and Senior Master, clawback of monies withdrawn from the estate — rejected in an intestate Shia-succession administration suit (43.75% share claim). Commissioner's Report held non-conclusive and non-substantive evidence at the interlocutory stage; company-finance and shareholding-transfer grievances held to lie within the NCLT's exclusive jurisdiction; Rule 19(6) Companies (Share Capital and Debentures) Rules 2014 plea left for trial; challenge after nearly eight years barred by gross delay and laches. Defendants' undertaking against creating third-party rights in the estate recorded and binding; Rs. 3,00,000/- per month ad-interim payment (order dated 07.05.2024) continues, with liberty to apply for enhancement; no costs. Precedents engaged: Anjuman Intezamia Masjid (Gyanvapi Mosque Committee) v. Rakhi Singh (2024) 3 SCC 336; Kolhapuri Bandu Lakade v. Yallappa Chinappa Lakade 2011 SCC OnLine Bom 370; Invesco Developing Markets Fund v. Zee Entertainment Enterprises Ltd. 2022 SCC OnLine Bom 630; Anupam Mittal v. People Interactive (India) Ltd. 2023 SCC OnLine Bom 1925.