Here's a breakdown of the recent court case between Aveen Kaur Sood and Anny Lifestyle Private Limited. Let's dive into the main events and what the court decided.
On February 10, 2026, the High Court of Delhi at New Delhi made a decision in the case where Aveen Kaur Sood, represented by Mr. Vikas Dhawan and his team, filed a petition against Anny Lifestyle Private Limited and others. The case was heard by Judge Harish Vaidyanathan Shankar.
Aveen Kaur Sood had a few demands:
Stop the Firing Notice: Aveen wanted the court to stop the company from acting on a firing notice she received on January 14, 2026.
Access to Company Communications: She asked for her email and WhatsApp access to be restored.
Cancel the Meeting: Aveen wanted to stop a special meeting scheduled for February 10, 2026, which aimed to remove her from her position.
Financial and Share Control: She requested that the company be stopped from accepting more money or changing its share structure.
The case revolves around a Shareholders Agreement dated June 29, 2025. This agreement included rules about the board setup and what happens if a director is fired.
Board Setup: The board should have three directors, with one chosen by the main investor and two by the founders.
Firing and Shares: If a founder is fired, certain shares might be transferred or bought back under specific conditions.
Judge Harish Vaidyanathan Shankar decided that:
Arbitration is the Way: The case should go to arbitration, and Ms. Justice Mukta Gupta (Retired) was appointed as the arbitrator.
Meeting Can Proceed: The court can't stop the meeting; that's up to another legal body.
Firing Notice: The firing notice would take effect on April 12, 2026, giving some time for arbitration to start.
Aveen Kaur Sood can file more applications to protect her shares, and both parties have agreed to a timeline for these legal steps. The arbitrator will aim to resolve the issues before the firing notice takes effect.
