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    <title>2005 (10) TMI 569 - COMPANY LAW BOARD, CHENNAI</title>
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    <description>The Company Law Board (CLB) dismissed the application for injunction in a company petition alleging oppression, citing lack of substantial overlap with a civil suit for partition. CLB emphasized its jurisdiction to address oppression claims effectively and directed the continuation of the company petition proceedings. The decision ensures the scheduled resolution of alleged acts of oppression in the company&#039;s affairs, highlighting that shareholders not party to the civil suit are not bound by its outcomes.</description>
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    <pubDate>Wed, 26 Oct 2005 00:00:00 +0530</pubDate>
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      <description>The Company Law Board (CLB) dismissed the application for injunction in a company petition alleging oppression, citing lack of substantial overlap with a civil suit for partition. CLB emphasized its jurisdiction to address oppression claims effectively and directed the continuation of the company petition proceedings. The decision ensures the scheduled resolution of alleged acts of oppression in the company&#039;s affairs, highlighting that shareholders not party to the civil suit are not bound by its outcomes.</description>
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