https://www.taxtmi.com/caselaws?id=417155 The Tribunal referred a family dispute under sections 397 and 398 of the Companies Act, 1956 to mediation at the International Arbitration and Mediation Centre (IAMC) for resolution. The case involved disagreement among Sanghi family members, with some reconciliations but unresolved issues. Parties consented to mediation, showcasing a collaborative effort to settle the conflict amicably. The referral to IAMC aims to address the dispute's complexity and long-term impact on the corporate entity. This decision reflects a proactive approach to resolving the conflict through alternative dispute resolution, emphasizing the importance of reaching a mutually acceptable resolution for all involved parties. en-us Thu, 23 Dec 2021 00:00:00 +0530 Mon, 17 Jan 2022 08:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417155 The Tribunal referred a family dispute under sections 397 and 398 of the Companies Act, 1956 to mediation at the International Arbitration and Mediation Centre (IAMC) for resolution. The case involved disagreement among Sanghi family members, with some reconciliations but unresolved issues. Parties consented to mediation, showcasing a collaborative effort to settle the conflict amicably. The referral to IAMC aims to address the dispute's complexity and long-term impact on the corporate entity. This decision reflects a proactive approach to resolving the conflict through alternative dispute resolution, emphasizing the importance of reaching a mutually acceptable resolution for all involved parties. Case-Laws Companies Law Thu, 23 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417155