https://www.taxtmi.com/caselaws?id=197770 The court held that the respondents, appointed as directors pursuant to the Share Purchase Agreement (SPA), could not be removed based on alleged breaches of the SPA. The court emphasized that issues related to management and accounts should be resolved through arbitration as per the SPA terms. The petitioners' request to restrain the respondents from interfering in the company's affairs was also denied. The court concluded that grievances stemming from oppression and mismanagement were intricately linked to the SPA and directed the parties to resolve disputes through arbitration, dismissing the company petition and vacating interim orders. en-us Tue, 29 May 2007 00:00:00 +0530 Mon, 15 Jan 2018 15:05:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197770 The court held that the respondents, appointed as directors pursuant to the Share Purchase Agreement (SPA), could not be removed based on alleged breaches of the SPA. The court emphasized that issues related to management and accounts should be resolved through arbitration as per the SPA terms. The petitioners' request to restrain the respondents from interfering in the company's affairs was also denied. The court concluded that grievances stemming from oppression and mismanagement were intricately linked to the SPA and directed the parties to resolve disputes through arbitration, dismissing the company petition and vacating interim orders. Case-Laws Companies Law Tue, 29 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197770