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2025 Supreme(Bom) 973

IN THE HIGH COURT OF JUDICATURE AT BOMBAY
B.P.COLABAWALLA, FIRDOSH P.POONIWALLA
Lallubhai Amichand Limited – Appellant
Versus
Sunil Jagmohandas Shah – Respondent


Advocates:
Advocate Appeared:
For the Appellants : Zal Andhyarujina, Maithili Parikh, Raghav Gupta, Siddharth Kate, Wadia Ghandy
For the Respondents: Karl Tamboly, Siddharth Bafna, Rinu Kallan, Ruchi Kakkad, Pulkit Tiwari, Sharan Jagtiani, Rohaan Cama, Prakhar Parekh, Anuja Bhansali, Tejas Popat, Abhyarthana Singh, Rashmikant

Table of Content
1. jurisdiction and structure of the case (Para 1 , 2 , 3)
2. factual background of family business ownership (Para 4 , 5)
3. arguments regarding interim injunction and family arrangement (Para 7 , 8)
4. overview of the appeals and the parties involved in the litigation. (Para 10)
5. court's findings on equitable rights and director's reinstatement. (Para 11 , 31)
6. court's observations on family arrangements and their enforcement (Para 12 , 14)
7. quasi-partnership principles applied in corporate context (Para 15 , 18)
8. nature of family arrangement and the quasi-partnership context underlying the company. (Para 20 , 40)
9. conclusions on mandatory injunction and director reinstatement (Para 37 , 49)

JUDGMENT :

FIRDOSH P. POONIWALLA, J.

1. This judgement disposes of the following three Appeals:

a) Appeal (L) No.30581 of 2023 which has been filed by Lallubhai Amichand Limited impugning the Order dated 25th October 2023 passed by the Learned Single Judge of this Court in Interim Application (L) No.22820 of 2023 in Suit (L) No.22818 of 2023 granting ad-interim reliefs.

b) Appeal (L) No.32111 of 2023 has also been filed by Lallubhai Amichand Limited impugning the Order dated 10th

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