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    <title>2007 (10) TMI 609 - Company Law Board</title>
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    <description>Section 8 arbitration reference is unavailable where the oppression and mismanagement petition involves parties who are not all bound by the same arbitration agreement and includes non-severable claims such as mismanagement, information suppression, and corporate control issues. The dispute could not be split between arbitrable and non-arbitrable matters, so referral to arbitration was refused. At the interim stage, status quo in shareholding was directed to prevent irreversible prejudice from a proposed transfer, and a nominee was conditionally permitted to act as Joint Managing Director to preserve operational continuity, subject to safeguards maintaining the existing management structure and protecting pending issues.</description>
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    <pubDate>Mon, 29 Oct 2007 00:00:00 +0530</pubDate>
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      <title>2007 (10) TMI 609 - Company Law Board</title>
      <link>https://www.taxtmi.com/caselaws?id=170971</link>
      <description>Section 8 arbitration reference is unavailable where the oppression and mismanagement petition involves parties who are not all bound by the same arbitration agreement and includes non-severable claims such as mismanagement, information suppression, and corporate control issues. The dispute could not be split between arbitrable and non-arbitrable matters, so referral to arbitration was refused. At the interim stage, status quo in shareholding was directed to prevent irreversible prejudice from a proposed transfer, and a nominee was conditionally permitted to act as Joint Managing Director to preserve operational continuity, subject to safeguards maintaining the existing management structure and protecting pending issues.</description>
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