#share transfer disputes

Gauhati High Court sets aside a trial court order dismissing an injunction application despite respondent's consent, ruling that consent orders under Order XXXIX CPC must accurately reflect the parties' agreement. The judgment restrains the transfer of 861,918 shares in a joint demat account, reinforcing that courts cannot alter agreed terms unless they violate statutory provisions.

Calcutta High Court rules that a prima facie case of breach of share transfer agreement justifies interim injunctions under Order XXXIX CPC, even without final adjudication. The judgment protects plaintiffs from irreparable prejudice by restraining unauthorized share transfers pending trial, reinforcing the balance of convenience standard in corporate disputes.