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    <title>2006 (3) TMI 787 - Company Law Board</title>
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    <description>Disputes alleging oppression and mismanagement were held not to be referable wholesale to arbitration where the company was not a party to the arbitration agreements and the allegations extended beyond the contractual clauses. The shareholders&#039; agreement and joint venture agreement governed only disputes arising out of those instruments, while the escrow agreement was limited to custody of shares and did not regulate company affairs. Complaints about board meetings without notice, removal of directors, amendment of articles, and similar acts concerned management of the company and were not wholly covered by the arbitration clauses. In the absence of commonality of parties, the petition could proceed before the Board.</description>
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    <pubDate>Mon, 06 Mar 2006 00:00:00 +0530</pubDate>
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      <title>2006 (3) TMI 787 - Company Law Board</title>
      <link>https://www.taxtmi.com/caselaws?id=280625</link>
      <description>Disputes alleging oppression and mismanagement were held not to be referable wholesale to arbitration where the company was not a party to the arbitration agreements and the allegations extended beyond the contractual clauses. The shareholders&#039; agreement and joint venture agreement governed only disputes arising out of those instruments, while the escrow agreement was limited to custody of shares and did not regulate company affairs. Complaints about board meetings without notice, removal of directors, amendment of articles, and similar acts concerned management of the company and were not wholly covered by the arbitration clauses. In the absence of commonality of parties, the petition could proceed before the Board.</description>
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