https://www.taxtmi.com/caselaws?id=114002 A minority shareholder may, in principle, maintain a derivative suit where insiders control the company and the company is unlikely to act. Section 9 interim relief under the Arbitration and Conciliation Act is confined to parties to the arbitration agreement, so it cannot be pursued against a non-signatory or by shareholders outside the clause. A licence tied to a joint venture will end when a deadlock notice brings the joint venture out of full force and effect, and keeping the notice in abeyance does not restore the licence. Suit and arbitration cannot proceed in parallel on the same core dispute; the public forum election bars duplicative relief. en-us Fri, 04 Jul 2008 00:00:00 +0530 Fri, 05 Dec 2014 09:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114002 A minority shareholder may, in principle, maintain a derivative suit where insiders control the company and the company is unlikely to act. Section 9 interim relief under the Arbitration and Conciliation Act is confined to parties to the arbitration agreement, so it cannot be pursued against a non-signatory or by shareholders outside the clause. A licence tied to a joint venture will end when a deadlock notice brings the joint venture out of full force and effect, and keeping the notice in abeyance does not restore the licence. Suit and arbitration cannot proceed in parallel on the same core dispute; the public forum election bars duplicative relief. Case-Laws Companies Law Fri, 04 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114002