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    <title>2016 (5) TMI 910 - GAUHATI HIGH COURT</title>
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    <description>Interim status quo relief in an oppression and mismanagement petition was supported by recorded factual basis and a prima facie case; the order was not invalid merely because it lacked elaborate reasons. The arbitration clause and a pending Section 8 application did not by themselves oust the Company Law Board&#039;s interim jurisdiction, because the dispute was not shown to be fully covered by arbitration and all necessary parties were not bound. The Board could therefore grant interim protection while the Section 8 issue was examined, and the arbitration application had to be decided separately and expeditiously.</description>
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      <description>Interim status quo relief in an oppression and mismanagement petition was supported by recorded factual basis and a prima facie case; the order was not invalid merely because it lacked elaborate reasons. The arbitration clause and a pending Section 8 application did not by themselves oust the Company Law Board&#039;s interim jurisdiction, because the dispute was not shown to be fully covered by arbitration and all necessary parties were not bound. The Board could therefore grant interim protection while the Section 8 issue was examined, and the arbitration application had to be decided separately and expeditiously.</description>
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