Friday 14 March 2014

HC lifts CLB's status qua on co's assets; accepts appellant's deposit to restore lease in interest o

CL : Where DDA sought to cancel lease of plot in name of appellant company on its failure to commence construction of hotel as a condition for lease, status quo order of CLB was to be vacated and appellant's offer to deposit sum for said purpose without prejudice to rights of respondent shareholders was to be accepted


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