Interlocutory Orders Lose Force After Final Dismissal of Company Petition: NCLAT Chennai

M. Sai Sudhakar & 2 Ors Vs Mantrawadi Nagachandrika & 9 Ors. (NCLAT Chennai) The matter arose from a Company Petition filed before the National Company Law Tribunal (NCLT), in which the petitioners sought multiple reliefs alleging oppression and mismanagement in a company. The reliefs included declarations that certain respondents acted oppressively, cancellation of alleged illegal share allotments and transfers, rectification of the register of members, declaration of share ownership in favour of the petitioner, removal of certain directors and nominee directors, return of company doc...