https://www.taxtmi.com/caselaws?id=279314 Statutory remedies for oppression and mismanagement, including cancellation of shares, removal of directors and investigation, fall within the exclusive jurisdiction of the company forum and are not displaced by an asserted arbitration clause. Referral under the Arbitration and Conciliation Act requires a concluded arbitration agreement, identity of parties and subject matter, timely invocation, and arbitrability of the reliefs sought. Where promoters had not all signed the arrangement and petition parties were not coextensive with arbitration parties, those requirements were not met. Contractual arrangements in the articles cannot override statutory company-law remedies; the referral request was rejected. 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 Statutory remedies for oppression and mismanagement, including cancellation of shares, removal of directors and investigation, fall within the exclusive jurisdiction of the company forum and are not displaced by an asserted arbitration clause. Referral under the Arbitration and Conciliation Act requires a concluded arbitration agreement, identity of parties and subject matter, timely invocation, and arbitrability of the reliefs sought. Where promoters had not all signed the arrangement and petition parties were not coextensive with arbitration parties, those requirements were not met. Contractual arrangements in the articles cannot override statutory company-law remedies; the referral request was rejected. Case-Laws Companies Law Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279314