https://www.taxtmi.com/caselaws?id=196816 The CLB dismissed the application for a stay of proceedings, determining that the issues in the company petition were distinct from those in the civil suits. The High Court would not address matters such as the appointment of additional directors, exclusion of petitioners from directorship, or validity of share allotment. As a result, the CLB found no identity of subject matter between the two proceedings and concluded that the relief sought by the petitioners fell within its jurisdiction. The company petition was scheduled for a hearing on 26.08.2006 at 2.30 PM. en-us Mon, 07 Jul 2008 00:00:00 +0530 Fri, 15 Dec 2017 17:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196816 The CLB dismissed the application for a stay of proceedings, determining that the issues in the company petition were distinct from those in the civil suits. The High Court would not address matters such as the appointment of additional directors, exclusion of petitioners from directorship, or validity of share allotment. As a result, the CLB found no identity of subject matter between the two proceedings and concluded that the relief sought by the petitioners fell within its jurisdiction. The company petition was scheduled for a hearing on 26.08.2006 at 2.30 PM. Case-Laws Companies Law Mon, 07 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196816