JYOTI LIMITED AND OTHERS vs BHARAT J. PATEL & OTHERS

The Supreme Court held that the respondents' application for interim relief under the Companies Act, 2013 was not maintainable as they failed to establish a prima facie case, balance of convenience, or irreparable loss. The Court affirmed the trial court's decision to reject the interim application, emphasizing that the appropriate remedy for the respondents was to approach the Company Law Board under Section 186 of the Companies Act, 1956. Consequently, the appeals were dismissed, upholding the lower court's ruling.