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TMI Blog2021 (7) TMI 1317X X X X Extracts X X X X X X X X Extracts X X X X ..... on, it is in the interest of the company and the parties that this matter be heard and decided. This is particularly important in view of the fact that admittedly there was a settlement between the parties in August 2020 which seems to have derailed. In subsequent listing of the case, we have directed the parties to file the replies in both CPs as well as in pending CAs and also to furnish written arguments so that the matter can be heard and disposed of accordingly. The matter stands admitted. - CP No. 194/241/JPR/2020 And CP No. 01/241-242/JPR/2021 - - - Dated:- 16-7-2021 - SH. AJAY KUMAR VATSAVAYI, HON'BLE JUDICIAL MEMBER SH. RAGHU NAYYAR, HON'BLE MEMBER TECHNICAL For the Petitioner: Amol Vyas, Adv. For the Respo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 94/241/JPR/2020. She Manish Kumar Verma is Respondent No. 2 being a shareholder to the extent of 35 per cent approx. in Respondent No. I Company and is the nephew of Petitioner Nos. 1 2. Smt. Ranjana Verma is the wife of She Manish Kumar Verma. It is alleged that Sh. Manish Kumar Verma was favouring an employee of the company, whose performance was being questioned by the petitioners and who was subsequently terminated. Respondent No. 2 has been the face of the company in customer and supplier interactions. It is stated that, in a settlement between the parties envisaged in August, 2020, Respondent No. 2 would resign from the position of Directorship against full and final settlement with the Petitioners. 4. CP No. 01/241-242/JPR/2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der dated 08.06.2021 e No other interim relief was given in CP No. 01/241-242/JPR/2021. 6. It is seen that the interim relief claimed in CP No. 194/241/JPR/2020 is as follows: - A. The Respondent No. 2 3 may be injuncted from continuing with the competitive business of the Respondent Company and may further by injuncted from approaching the customers and suppliers of the Respondent Company for soliciting business of the Respondent Company. B. The Respondent No. 2 3 may be restrained from acting detrimental to the interest of the Respondent Company and may be injuncted from acting in manner competitive to the Respondent Company 7. However, it is noted that the said interim relief as prayed for is same as final relief and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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