https://www.taxtmi.com/caselaws?id=349513 A pending and unimplemented arbitral award does not, by itself, extinguish a statutory oppression and mismanagement remedy under the Companies Act where the family arrangement remains disputed. The Tribunal retained jurisdiction because such proceedings are distinct from arbitral adjudication and continue until the award attains finality and is implemented. Pending that position, the Tribunal considered interim corporate governance measures necessary to protect the company's affairs, including supervision of management, audits, reporting safeguards, and control over major corporate actions. Interim administrative directions were therefore issued to preserve the company pending final adjudication. en-us Tue, 12 Sep 2017 00:00:00 +0530 Mon, 16 Oct 2017 09:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349513 A pending and unimplemented arbitral award does not, by itself, extinguish a statutory oppression and mismanagement remedy under the Companies Act where the family arrangement remains disputed. The Tribunal retained jurisdiction because such proceedings are distinct from arbitral adjudication and continue until the award attains finality and is implemented. Pending that position, the Tribunal considered interim corporate governance measures necessary to protect the company's affairs, including supervision of management, audits, reporting safeguards, and control over major corporate actions. Interim administrative directions were therefore issued to preserve the company pending final adjudication. Case-Laws Companies Law Tue, 12 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349513