https://www.taxtmi.com/caselaws?id=103020 A petition cannot be maintained on the basis of its label where the pleadings disclose allegations of fraud, mala fides, illegality and oppressive conduct amounting in substance to oppression and mismanagement. The controlling test is the real nature of the controversy as revealed by the averments, not the form of the drafting. Because jurisdiction over matters under sections 397 and 398 of the Companies Act, 1956 had been transferred to the Company Law Board, the High Court could not entertain such a petition. en-us Fri, 01 Dec 1995 00:00:00 +0530 Wed, 05 Apr 2017 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103020 A petition cannot be maintained on the basis of its label where the pleadings disclose allegations of fraud, mala fides, illegality and oppressive conduct amounting in substance to oppression and mismanagement. The controlling test is the real nature of the controversy as revealed by the averments, not the form of the drafting. Because jurisdiction over matters under sections 397 and 398 of the Companies Act, 1956 had been transferred to the Company Law Board, the High Court could not entertain such a petition. Case-Laws Companies Law Fri, 01 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103020