https://www.taxtmi.com/caselaws?id=327664 Proceedings under sections 388B, 397 and 398 of the Companies Act, 1956 were considered distinct from merger proceedings and pending civil suits. The company law matter concerned alleged fraud, misfeasance, mismanagement and removal of managerial personnel, while the merger proceedings dealt with amalgamation. Because the parties, reliefs, objects and issues were not directly and substantially the same, mere factual overlap and a common public interest element did not attract section 10 of the Code of Civil Procedure, 1908. The stay and adjournment sine die application was rejected. en-us Tue, 05 Apr 2016 00:00:00 +0530 Fri, 13 May 2016 22:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327664 Proceedings under sections 388B, 397 and 398 of the Companies Act, 1956 were considered distinct from merger proceedings and pending civil suits. The company law matter concerned alleged fraud, misfeasance, mismanagement and removal of managerial personnel, while the merger proceedings dealt with amalgamation. Because the parties, reliefs, objects and issues were not directly and substantially the same, mere factual overlap and a common public interest element did not attract section 10 of the Code of Civil Procedure, 1908. The stay and adjournment sine die application was rejected. Case-Laws Companies Law Tue, 05 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327664