Back
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
B.M.SHYAM PRASAD
Gurubasappa Siddesh, S/o. Late Govinakovi Hosalli Gurubasappa – Appellant
Versus
Sigma Life Care (Mysore) Private Limited, Represented By Its Manager Director, S. Gnanashankar – Respondent
| Table of Content |
|---|
| 1. background of dispute among shareholders (Para 1) |
| 2. petitioners' appeals and proceedings context (Para 2 , 3 , 4 , 5) |
| 3. court's analysis on interim arrangements (Para 6 , 7) |
ORDER :
B.M. SHYAM PRASAD, J.
The petitioners are Doctors and are shareholders of the first respondent. There are disputes amongst them over the management of the first respondent. The petitioners have approached the National Company Law Tribunal, Bengaluru [for short, 'the Tribunal'] with their application in CP No.125/BB/2025 alleging oppression and mismanagement by the second to fifth respondents with a request for interim order as against the removal of the first petitioner as a Director of the first respondent. The petitioners have also availed remedy under Section 9 of the Code of Civil Procedure, 1908 in O.S. No. 974/2025.
2. The petitioners have approached this Court with this petition contending that they could not have availed the appellate remedy with the National Company Law Appellate Tribunal against the Tribunal's order dated 25.09.2025 because a copy thereof was not available. This Court, on 03.10.2025, in the light of this assertion and the petitioners' case that after the date of
Court emphasizes the necessity of maintaining status quo in corporate disputes to prevent oppression until the Tribunal resolves the matters.
The court affirmed that compliance with a Tribunal's order is required in the absence of a stay, emphasizing the need for interim relief to be clearly established before seeking protection during an ....
The court emphasized maintaining interim protection to preserve subject matter during ongoing litigation under the Companies Act, ensuring no irreversible changes occur until a final decision is made....
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
