https://www.taxtmi.com/caselaws?id=404440 Statutory oppression and mismanagement reliefs under the Companies Act, 2013 are not arbitrable merely because the parties are bound by an arbitration clause in a memorandum of understanding, since such claims invoke the Tribunal's special jurisdiction and powers beyond an arbitral forum. The proceeding also could not be split into arbitrable and non-arbitrable parts, because the allegations and reliefs formed a composite dispute and severance would fragment the cause of action and risk inconsistent findings. The request for reference to arbitration was therefore rejected, and the company petition was left to proceed before the Tribunal on its statutory footing. en-us Tue, 15 Sep 2020 00:00:00 +0530 Wed, 24 Feb 2021 09:41:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404440 Statutory oppression and mismanagement reliefs under the Companies Act, 2013 are not arbitrable merely because the parties are bound by an arbitration clause in a memorandum of understanding, since such claims invoke the Tribunal's special jurisdiction and powers beyond an arbitral forum. The proceeding also could not be split into arbitrable and non-arbitrable parts, because the allegations and reliefs formed a composite dispute and severance would fragment the cause of action and risk inconsistent findings. The request for reference to arbitration was therefore rejected, and the company petition was left to proceed before the Tribunal on its statutory footing. Case-Laws Companies Law Tue, 15 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404440