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    <title>2012 (5) TMI 813 - COMPANY LAW BOARD, MUMBAI</title>
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    <description>A company petition under sections 397 and 398 of the Companies Act, 1956 was treated as referable to arbitration under section 8 of the Arbitration and Conciliation Act, 1996 because the reliefs arose from a joint venture agreement and connected articles of association containing an arbitration clause. The objections that some petitioners were not signatories and that the dispute could not be bifurcated were rejected, as the petition was substantially between parties bound by the arbitration agreement and the issues overlapped with the contractual dispute. The section 8 application having been filed before the first statement on the substance of the dispute, the statutory requirements for reference were satisfied, and the petition was dismissed.</description>
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    <pubDate>Wed, 02 May 2012 00:00:00 +0530</pubDate>
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      <title>2012 (5) TMI 813 - COMPANY LAW BOARD, MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=279231</link>
      <description>A company petition under sections 397 and 398 of the Companies Act, 1956 was treated as referable to arbitration under section 8 of the Arbitration and Conciliation Act, 1996 because the reliefs arose from a joint venture agreement and connected articles of association containing an arbitration clause. The objections that some petitioners were not signatories and that the dispute could not be bifurcated were rejected, as the petition was substantially between parties bound by the arbitration agreement and the issues overlapped with the contractual dispute. The section 8 application having been filed before the first statement on the substance of the dispute, the statutory requirements for reference were satisfied, and the petition was dismissed.</description>
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      <pubDate>Wed, 02 May 2012 00:00:00 +0530</pubDate>
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