Bombay High Court Dismisses Petition for Appointment of Receiver in Share Dispute Due to Lack of Urgency and Alternative Remedy. Court holds that civil suit for specific performance and injunction is maintainable and no case for appointment of receiver under Order 40 Rule 1 CPC is made out when possession is not threatened and legal remedy is available....
The petitioner, Aakash Educational Services Limited, filed two writ petitions (WP-11425-2024 and WP-11426-2024) seeking appointment of a receiver under Order 40 Rule 1 of the Code of Civil Procedure, ...




