https://www.taxtmi.com/caselaws?id=112425 A petition under section 10F of the Companies Act, 1956 challenging dismissal of an oppression and mismanagement claim was not maintainable at that stage because the dispute turned on foundational facts already pending in civil suits. The contested issues included the genuineness of a resignation letter, the validity of board resolutions, the petitioners' status as shareholders and directors, and the effect of an alleged family settlement. Since those questions had to be determined first in the civil proceedings, the Company Law Board was not the proper forum to decide them under sections 397 and 398 until the civil court resolved the parties' disputed status. en-us Thu, 19 Mar 2009 00:00:00 +0530 Fri, 14 Nov 2014 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112425 A petition under section 10F of the Companies Act, 1956 challenging dismissal of an oppression and mismanagement claim was not maintainable at that stage because the dispute turned on foundational facts already pending in civil suits. The contested issues included the genuineness of a resignation letter, the validity of board resolutions, the petitioners' status as shareholders and directors, and the effect of an alleged family settlement. Since those questions had to be determined first in the civil proceedings, the Company Law Board was not the proper forum to decide them under sections 397 and 398 until the civil court resolved the parties' disputed status. Case-Laws Companies Law Thu, 19 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112425