https://www.taxtmi.com/caselaws?id=110855 An arbitration clause covering contractual claims does not compel reference of a company petition seeking statutory reliefs for oppression, mismanagement, alteration of share capital, allotment of shares and rectification of the register. Section 8 of the Arbitration and Conciliation Act, 1996 applies only where the dispute before the judicial forum is covered by a valid arbitration agreement and the request is made at the proper stage. Because the company petition invoked powers and remedies conferred independently by the Companies Act, 1956, the statutory grievances were distinct from the contractual claims and remained within the Company Law Board's jurisdiction. en-us Wed, 28 Jun 2006 00:00:00 +0530 Thu, 22 Feb 2024 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110855 An arbitration clause covering contractual claims does not compel reference of a company petition seeking statutory reliefs for oppression, mismanagement, alteration of share capital, allotment of shares and rectification of the register. Section 8 of the Arbitration and Conciliation Act, 1996 applies only where the dispute before the judicial forum is covered by a valid arbitration agreement and the request is made at the proper stage. Because the company petition invoked powers and remedies conferred independently by the Companies Act, 1956, the statutory grievances were distinct from the contractual claims and remained within the Company Law Board's jurisdiction. Case-Laws Companies Law Wed, 28 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110855