1 ca-lod-41-11.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (L) NO.41 OF 2011 IN CLB/COMPANY PETITION NO.29 OF 2009 Mrs.Priya M. Chaini & Anr .. Applicants versus Dragon King Container Handling Services Ltd & Ors .. Respondents Mr.Aspi Chinoy, Sr.Adv a/w Mr.V.P. Sawant for the applicants. Mr.Janak Dwarkadas, Sr.Adv a/w Mr.Gaurav Joshi a/w Mr.Sharan Jagtiani a/w Mr.Sunil Gangan i/by RMG Law Associates for respondent Nos.2 to 6. CORAM : S.C.DHARMADHIKARI, J. 22nd September 2011. P.C.: . Heard learned counsel for parties on the question of interim relief. Respondents waive service. Since I have found that there are questions of law which arise from the order of the Company Law Board and the Company Appeal has been admitted, until the same is heard and disposed off, it would be inappropriate to give effect to the directions of the Company Law Board in the impugned order. Prima facie, the order would require scrutiny and particularly with a view to 2 ca-lod-41-11.doc find out as to whether it is within the purview of the powers of the Company Law Board under the subject provisions. Therefore, there will be interim order in terms of the prayer clause (a) of the company application. 2 Mr.Dwarkadas at this stage states that the grant of interim relief should not be construed as permitting the appellants to deal with the land or transfer it to the detriment of the rights claimed by the original petitioners and respondents to this appeal. Without prejudice to the rights and contentions of the parties, Mr.Chinoy on instructions makes a statement that during the pendency of this appeal, the appellants will not transfer, alienate or encumber all the lands which are claimed and are in possession of the appellants or any portion or part thereof. This would include non surrender of the lands covered by the agreements for sale and the receipts which are forming part of the record. There shall be no surrender thereof in favour of any authority or agency either. Company application is disposed off accordingly. (S.C.DHARMADHIKARI, J)