https://www.taxtmi.com/caselaws?id=199736 The court held that the proceedings before the Company Law Board (CLB) were maintainable despite parallel proceedings before the Securities and Exchange Board of India (SEBI). The issues of mismanagement and oppression raised before the CLB were distinct from the statutory violations adjudicated by SEBI. The court dismissed the appeal, directing the CLB proceedings to be concluded within six months and imposed a cost of `5,000/- on the appellant. en-us Mon, 28 Apr 2014 00:00:00 +0530 Fri, 09 Mar 2018 22:22:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199736 The court held that the proceedings before the Company Law Board (CLB) were maintainable despite parallel proceedings before the Securities and Exchange Board of India (SEBI). The issues of mismanagement and oppression raised before the CLB were distinct from the statutory violations adjudicated by SEBI. The court dismissed the appeal, directing the CLB proceedings to be concluded within six months and imposed a cost of `5,000/- on the appellant. Case-Laws Companies Law Mon, 28 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199736