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2025 Supreme(Online)(Kar) 41540

THE HIGH COURT OF KARNATAKA
R. NATARAJ
BADAL MALICK – Appellant
Versus
ONIONLIFE PRIVATE LIMITED – Respondent


ORAL ORDER

This application is filed under Section 9 of the Arbitration and Conciliation Act, 1996 (henceforth referred to as 'Act, 1996' for short) as amended by amendment Act, 2015 (Act No.3/2018) for interim measure to (i) stay the operation and effect of the resolution passed during the EGM of the respondent No.1 dated 04.07.2025 (ii) grant interim injunction to restrain the respondents from acting in terms of the impugned resolution passed during the EGM of the respondent No.1 held on 04.07.2025 (iii) restrain the respondent No.1 from issuing/allotting any shares and raising any funds (iv) grant status-quo on the transfer of shares of the respondent No.1 (v) grant status-quo on the disposal of assets and procuring loans (vi) direct the respondents to preserve the minutes and the video recording of the Board Meeting held on 05.06.2025 and the EGM of the company held on 04.07.2025 (vii) grant interim injunction to produce the minutes and the video recording of the board meeting held on 05.06.2025 and the minutes and the video recording of the EGM of the company held on 04.07.2025.

2 (i). Though the application is long drawn and verbose, the relevant facts that can be summed up, ar

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