CIVIL APPLICATION NO 01 16 OF 2024 JITESH JAYANTILAL LADWA ANOTHER VS DHIRAJLAL WALJI LADWA 2 OTHERS
The application for stay of execution is granted because the applicants met all statutory conditions: the application was filed within time, substantial loss was demonstrated, and a sufficient undertaking for security was given. The High Court order is executable as it grants rights and directs actions affecting the applicants. The respondents' claim of bias was unfounded and did not meet the legal threshold for recusal.
Source excerpt
- Stay of execution
- Shareholder disputes
- Judicial recusal
- Company management
- Security for due performance