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    <title>2011 (1) TMI 1222 - COMPANY LAW BOARD</title>
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    <description>The petition C.P. No. 71 of 2008 was found not to disclose grounds for the Company Law Board, Principal Bench, New Delhi, to exercise jurisdiction under sections 247(1A) or 250 of the Companies Act. The matter primarily falls under section 237(b) concerning fraudulent conduct, fraud by company managers, and withholding information from members. Therefore, the case is within the jurisdiction of the Western Region Bench at Mumbai, and the ex parte stay on proceedings in C.P. No. 29 of 2008 has been lifted.</description>
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      <description>The petition C.P. No. 71 of 2008 was found not to disclose grounds for the Company Law Board, Principal Bench, New Delhi, to exercise jurisdiction under sections 247(1A) or 250 of the Companies Act. The matter primarily falls under section 237(b) concerning fraudulent conduct, fraud by company managers, and withholding information from members. Therefore, the case is within the jurisdiction of the Western Region Bench at Mumbai, and the ex parte stay on proceedings in C.P. No. 29 of 2008 has been lifted.</description>
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