Gangar Enterprises Pvt. Ltd. & Ors. v. Jayantilal Gangar
Case brief
What is this about?
The Appellant's appeal was declared infructuous because the status quo direction was no longer in force. No observations on merits were made.
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NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI
Company Appeal (AT) No. 40 of 2019
IN THE MATTER OF:
Gangar Enterprises Pvt. Ltd. & Ors. …Appellants
Vs
Jayantilal Gangar
….Respondent
Present:
For Appellants:
Mr. Anand Varma and Mr. Shwetank Singh, Advocates.
For Respondent:
O R D E R
18.02.2019: Since after hearing learned counsel for the Appellant I find that the interim direction passed in MA 466/2019 in CP 4409/213, 241-242/ MB/2018 requiring the parties to maintain status quo regarding the fixed assets and shareholding of the company is in force only till today, the matter being posted for hearing on 18th February, 2019, the appeal has been rendered infructuous. I therefore refrain from making any observation on the merits of the case. The appeal is accordingly disposed of.
[Justice Bansi Lal Bhat] Member (Judicial)
am/uk
Gangar Enterprises Pvt. Ltd. & Ors.
Jayantilal Gangar
Justice Bansi Lal Bhat
As recorded by the court registry
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