1. Delta Corp shares experiencing a 5% rally indicates positive market sentiment.
2. The interim relief on tax notices provides a short-term respite for the company.
3. The Bombay High Court’s order adds a protective layer by prohibiting hasty decisions without court approval.
1. The 5% rally may be short-lived and subject to market volatility.
2. Interim relief on tax notices does not completely resolve the tax issue for Delta Corp.
3. The need for court approval for definitive decisions may cause delays in business operations.
The Bombay High Court in Goa has issued an order, stating that authorities are restricted from making any firm decisions without prior approval from the court.