https://www.taxtmi.com/caselaws?id=237296 Section 8 of the Arbitration and Conciliation Act, 1996 applies only where the matter before the judicial authority is itself covered by an arbitration agreement. In oppression and mismanagement proceedings, the Company Law Board's appointment of a valuer for share valuation was an ancillary step, and the appellant's grievance over the valuer's fee and report was not the subject matter of the arbitration clause. The Board therefore retained jurisdiction to deal with the application for refund and substitution of the valuer. As the appellant had agreed to bear the valuer's fees and no proper basis was shown for replacement, refund and appointment of another valuer were not justified. en-us Mon, 09 Sep 2013 00:00:00 +0530 Tue, 24 Sep 2013 21:00:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237296 Section 8 of the Arbitration and Conciliation Act, 1996 applies only where the matter before the judicial authority is itself covered by an arbitration agreement. In oppression and mismanagement proceedings, the Company Law Board's appointment of a valuer for share valuation was an ancillary step, and the appellant's grievance over the valuer's fee and report was not the subject matter of the arbitration clause. The Board therefore retained jurisdiction to deal with the application for refund and substitution of the valuer. As the appellant had agreed to bear the valuer's fees and no proper basis was shown for replacement, refund and appointment of another valuer were not justified. Case-Laws Companies Law Mon, 09 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237296