https://www.taxtmi.com/caselaws?id=279314 A company petition seeking remedies for oppression and mismanagement was not referable to arbitration under section 8 of the Arbitration and Conciliation Act, 1996 because the alleged arbitration agreement was not shown to be clearly concluded, all promoters had not signed it, and the parties to the petition were not coextensive with the arbitration arrangement. The reliefs claimed, including cancellation of shares, removal of directors and investigation, were treated as statutory company-law remedies within the exclusive domain of the company forum. Section 9 of the Companies Act, 1956 was applied to confirm that contractual arrangements, including an arbitration clause in the articles, could not override the statute for such claims. en-us Fri, 19 Sep 2014 00:00:00 +0530 Wed, 13 Mar 2019 07:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279314 A company petition seeking remedies for oppression and mismanagement was not referable to arbitration under section 8 of the Arbitration and Conciliation Act, 1996 because the alleged arbitration agreement was not shown to be clearly concluded, all promoters had not signed it, and the parties to the petition were not coextensive with the arbitration arrangement. The reliefs claimed, including cancellation of shares, removal of directors and investigation, were treated as statutory company-law remedies within the exclusive domain of the company forum. Section 9 of the Companies Act, 1956 was applied to confirm that contractual arrangements, including an arbitration clause in the articles, could not override the statute for such claims. Case-Laws Companies Law Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279314