NCLT Indore orders status quo on Santosh Devcon's immovable property, restraining alienation during oppression petition.
Applicant's shareholding reduced from 87.75% to 0.56% via disputed rights issue and share cancellation.
Tribunal finds prima facie case of oppression, interpreting Supreme Court order as barring property sales.
Interim relief granted to preserve disputed land worth over ₹250 crore pending final petition hearing.