https://www.taxtmi.com/caselaws?id=197441 Disputes in a petition under sections 397 and 398 of the Companies Act, 1956 that arise directly from a sponsorship agreement containing an arbitration clause must be referred to arbitration under section 8 of the Arbitration and Conciliation Act, 1996. That mandate applies notwithstanding inconsistent provisions, and section 9 of the Companies Act does not displace it for contractual disputes. Allegations of oppression and mismanagement that are independent of the agreement are not arbitrable and may remain before the Company Law Board. On the pleadings, the contractual allegations were held referable to arbitration, while the independent allegations could continue before the CLB. en-us Fri, 15 Oct 2004 00:00:00 +0530 Mon, 13 May 2019 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197441 Disputes in a petition under sections 397 and 398 of the Companies Act, 1956 that arise directly from a sponsorship agreement containing an arbitration clause must be referred to arbitration under section 8 of the Arbitration and Conciliation Act, 1996. That mandate applies notwithstanding inconsistent provisions, and section 9 of the Companies Act does not displace it for contractual disputes. Allegations of oppression and mismanagement that are independent of the agreement are not arbitrable and may remain before the Company Law Board. On the pleadings, the contractual allegations were held referable to arbitration, while the independent allegations could continue before the CLB. Case-Laws Companies Law Fri, 15 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197441