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    <title>2023 (7) TMI 1607 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Reliefs in a company petition alleging oppression and mismanagement were held to be non-arbitrable because they extended beyond contractual claims to statutory remedies under Sections 241 and 242 of the Companies Act, 2013, including investigation, related-party transactions, removal of directors, and other tribunal-specific reliefs. An arbitration clause could not displace the tribunal&#039;s jurisdiction where the dispute was inherently within the company law forum&#039;s statutory domain. The controversy also could not be split between arbitration and the tribunal, as the allegations and remedies were interlinked and bifurcation risked inconsistent findings and inefficient adjudication. The refusal to refer the matter to arbitration and the interim directions were upheld.</description>
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      <description>Reliefs in a company petition alleging oppression and mismanagement were held to be non-arbitrable because they extended beyond contractual claims to statutory remedies under Sections 241 and 242 of the Companies Act, 2013, including investigation, related-party transactions, removal of directors, and other tribunal-specific reliefs. An arbitration clause could not displace the tribunal&#039;s jurisdiction where the dispute was inherently within the company law forum&#039;s statutory domain. The controversy also could not be split between arbitration and the tribunal, as the allegations and remedies were interlinked and bifurcation risked inconsistent findings and inefficient adjudication. The refusal to refer the matter to arbitration and the interim directions were upheld.</description>
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