https://www.taxtmi.com/caselaws?id=386240 Civil court jurisdiction is excluded where the plaint concerns allegations of oppression and mismanagement and seeks reliefs over company affairs and property, because the Companies Act, 2013 provides a statutory remedy before the NCLT. Sections 241, 242 and 244 allow a qualifying member to seek wide-ranging reliefs, and Section 242 empowers the Tribunal to regulate future conduct, set aside acts or agreements relating to company property, grant interim directions, and issue residuary orders. Since the Tribunal could determine the dispute, Section 430 barred the civil court from entertaining the suit, and the civil action was not maintainable. en-us Wed, 22 May 2019 00:00:00 +0530 Tue, 24 Sep 2019 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386240 Civil court jurisdiction is excluded where the plaint concerns allegations of oppression and mismanagement and seeks reliefs over company affairs and property, because the Companies Act, 2013 provides a statutory remedy before the NCLT. Sections 241, 242 and 244 allow a qualifying member to seek wide-ranging reliefs, and Section 242 empowers the Tribunal to regulate future conduct, set aside acts or agreements relating to company property, grant interim directions, and issue residuary orders. Since the Tribunal could determine the dispute, Section 430 barred the civil court from entertaining the suit, and the civil action was not maintainable. Case-Laws Companies Law Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386240