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    <title>2016 (4) TMI 876 - COMPANY LAW BOARD NEW DELHI</title>
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    <description>Proceedings for oppression and mismanagement under sections 397, 398, 402 and 403 of the Companies Act were treated as involving statutory reliefs, public forum jurisdiction and rights in rem, rather than a private contractual dispute. Because the petition raised substantive allegations of oppression, mismanagement, share transfers, denial of information and breach of articles, the matter could not be split into arbitrable and non-arbitrable parts or referred to arbitration under section 8 of the Arbitration and Conciliation Act, 1996. The dispute was therefore held to be non-arbitrable, and the section 8 application was rejected.</description>
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      <description>Proceedings for oppression and mismanagement under sections 397, 398, 402 and 403 of the Companies Act were treated as involving statutory reliefs, public forum jurisdiction and rights in rem, rather than a private contractual dispute. Because the petition raised substantive allegations of oppression, mismanagement, share transfers, denial of information and breach of articles, the matter could not be split into arbitrable and non-arbitrable parts or referred to arbitration under section 8 of the Arbitration and Conciliation Act, 1996. The dispute was therefore held to be non-arbitrable, and the section 8 application was rejected.</description>
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