https://www.taxtmi.com/caselaws?id=195139 Arbitration agreements and non-final arbitral awards do not automatically displace statutory oppression and mismanagement proceedings where the company is not party to the arbitration, the articles contain no arbitration clause, and the award remains under challenge. The Company Law Board could therefore continue to exercise jurisdiction over relief sought for oppression and mismanagement, particularly where the arbitral process had not fully resolved the dispute or resulted in asset distribution. On an appeal limited to questions of law, interference with its interlocutory decision required perversity, lack of evidentiary support, or arbitrariness; its reasons for declining to apply the Arbitration and Conciliation Act were substantially sustainable. en-us Wed, 14 Jan 2015 00:00:00 +0530 Tue, 17 Oct 2017 08:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195139 Arbitration agreements and non-final arbitral awards do not automatically displace statutory oppression and mismanagement proceedings where the company is not party to the arbitration, the articles contain no arbitration clause, and the award remains under challenge. The Company Law Board could therefore continue to exercise jurisdiction over relief sought for oppression and mismanagement, particularly where the arbitral process had not fully resolved the dispute or resulted in asset distribution. On an appeal limited to questions of law, interference with its interlocutory decision required perversity, lack of evidentiary support, or arbitrariness; its reasons for declining to apply the Arbitration and Conciliation Act were substantially sustainable. Case-Laws Companies Law Wed, 14 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195139