M/S TRANSMISSION CORPORATION OF TELANGANA LTD vs M/S GANAPATI SUGAR INDUSTRIES LTD

The Supreme Court held that the Division Bench of the High Court failed to hear the appellants before unseating them from their elected position as Directors, which constituted a violation of the principles of natural justice. The Court set aside the impugned judgment and remitted the matter back to the High Court for a fresh hearing, directing that the appellants be impleaded as additional respondents in the First Miscellaneous Appeal (FMA). The Court requested the High Court to expedite the proceedings, preferably within three months, while maintaining the interim order until the FMA is resolved.