https://www.taxtmi.com/caselaws?id=273904 The appeal against the Company Law Board order under sections 397 and 398 of the Companies Act, 1956 regarding the constitution of the respondent company was filed. The parties agreed to withdraw the petition before the Company Law Board in favor of arbitration proceedings involving a panel of three Arbitrators. They also agreed to maintain status quo regarding shareholdings and fixed assets of the company until the arbitration is resolved. The appeal was not pursued further and disposed of accordingly, emphasizing the importance of arbitration in resolving disputes related to company matters and the need to maintain stability during arbitration proceedings. en-us Fri, 11 Apr 2008 00:00:00 +0530 Thu, 19 Jul 2018 11:52:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273904 The appeal against the Company Law Board order under sections 397 and 398 of the Companies Act, 1956 regarding the constitution of the respondent company was filed. The parties agreed to withdraw the petition before the Company Law Board in favor of arbitration proceedings involving a panel of three Arbitrators. They also agreed to maintain status quo regarding shareholdings and fixed assets of the company until the arbitration is resolved. The appeal was not pursued further and disposed of accordingly, emphasizing the importance of arbitration in resolving disputes related to company matters and the need to maintain stability during arbitration proceedings. Case-Laws Companies Law Fri, 11 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273904