Mehta Integrated Finance Limited has received a court order in its favour, directing the garnishes to attach the shares held by the present judgement debtors.
According to a BSE filing, the company was served with the order this Saturday , which was issued by the Commercial Court at City Civil Court, Ahmedabad. The order aims to prevent the transfer or alienation of shares held by the judgement debtors.
The order is a significant development for Mehta Integrated Finance, as it ensures that the shares held by the judgement debtors are frozen, and no further transactions can take place.
The company had been involved in a legal dispute with Radhe Estate Developers & Others, a partnership firm, and the court order is a favourable outcome for Mehta Integrated Finance.
The court order is a result of the company’s efforts to protect its interests and recover its dues. The order adds to the company’s legal victories and strengthens its position in the market.
Mehta Integrated Finance is a leading player in the finance sector, and this order reinforces its commitment to protecting its shareholders’ interests.
The company’s management is expected to take further actions to implement the court order and recover its dues. The order is a positive development for the company’s investors, as it ensures that the company’s interests are protected.
Mehta Integrated Finance is likely to continue its efforts to recover its dues and strengthen its position in the market.
The court order is a significant win for Mehta Integrated Finance, and it reinforces the company’s position as a leading player in the finance sector. This order is expected to have a positive impact on the company’s financial performance and its ability to protect its shareholders’ interests.
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