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    <title>2016 (7) TMI 853 - COMPANY LAW BOARD NEW DELHI</title>
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    <description>A shareholders&#039; agreement containing an arbitration clause governed the parties&#039; relationship, and disputes rooted in its terms were treated as contractual and arbitrable. Complaints about meeting notice, share valuation, and allotment were linked to the agreement and amendments, but they did not disclose malice, oppression, or mismanagement in the company. The commentary therefore indicates that mere invocation of sections 397 and 398 is insufficient where the substance of the grievance is breach of contract rather than conduct justifying company law relief, and the parties must pursue the agreed arbitral mechanism.</description>
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      <title>2016 (7) TMI 853 - COMPANY LAW BOARD NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=330255</link>
      <description>A shareholders&#039; agreement containing an arbitration clause governed the parties&#039; relationship, and disputes rooted in its terms were treated as contractual and arbitrable. Complaints about meeting notice, share valuation, and allotment were linked to the agreement and amendments, but they did not disclose malice, oppression, or mismanagement in the company. The commentary therefore indicates that mere invocation of sections 397 and 398 is insufficient where the substance of the grievance is breach of contract rather than conduct justifying company law relief, and the parties must pursue the agreed arbitral mechanism.</description>
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