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1998 (8) TMI 491

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..... mesh Chandra Banerjee, CJ. This appeal is directed against the interlocutory order of the Company Law Board in terms of section 10F of the Companies Act, 1956. Section 10F of the Act expressly provides that an appeal would lie to the High Court within sixty days from the date of communication of the decision or order of the Company Law Board on any question of law arising out of such order (emp .....

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..... and the interest of justice which are settled considerations for grant of any interim order pending disposal of main company petition? (2)Whether, on the facts and circumstances of the case, the Company Law Board is right in concluding that subsequent events cannot be taken into account while considering the application filed for interim order pending disposal of the company petition? In this .....

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..... ion 10E of the Companies Act while rejecting the application of the petitioner for an appropriate interim order, pending disposal of main petition ? (5)Whether, on the facts and circumstances of the case, the action of the respondents in calling for rights issue without there being a special resolution in a general meeting is valid, and if not, whether such an action is not intended to oppress t .....

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..... however, apart from the issue of there being no questions of law involved in the matter. The matter is pending before the Company Law Board for final adjudication of the disputes. We do not see any reason to entertain an appeal on the grounds as above in terms of the provisions of section 10F of the Act. In the premises, this appeal fails and is dismissed. It is, however, desired that since the .....

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