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    <title>2000 (2) TMI 850 - Company Law Board</title>
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    <description>Allegations of manipulated records, altered control, illegal allotments and fabricated minutes were treated as relating to share control and management, so the petition fell within Section 398(1)(b) of the Companies Act, 1956 and was maintainable. However, because an earlier civil suit already covered substantially identical issues and reliefs, the Board stayed the petition to avoid conflicting decisions. The merits were not adjudicated, and the parties were left to continue the civil proceedings with liberty to revive the petition later if advised.</description>
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      <title>2000 (2) TMI 850 - Company Law Board</title>
      <link>https://www.taxtmi.com/caselaws?id=195293</link>
      <description>Allegations of manipulated records, altered control, illegal allotments and fabricated minutes were treated as relating to share control and management, so the petition fell within Section 398(1)(b) of the Companies Act, 1956 and was maintainable. However, because an earlier civil suit already covered substantially identical issues and reliefs, the Board stayed the petition to avoid conflicting decisions. The merits were not adjudicated, and the parties were left to continue the civil proceedings with liberty to revive the petition later if advised.</description>
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