https://www.taxtmi.com/caselaws?id=795294 Supervisory jurisdiction under Article 227 may exceptionally be invoked against an arbitral order rejecting a jurisdictional objection where the tribunal is alleged to lack inherent jurisdiction, despite the limited intervention framework of the Arbitration and Conciliation Act. Claims seeking corporate restructuring, division of company assets and liabilities, share allotment or buy-out, management changes, and asset sales were characterised as intra-company actions in rem. Because the companies were not parties to the memorandum and the reliefs affected minority shareholders and third-party interests, they required adjudication under the exclusive statutory jurisdiction of the National Company Law Tribunal. Arbitral proceedings concerning those corporate claims were terminated, without affecting statutory remedies or otherwise arbitrable proceedings. en-us Mon, 01 Jun 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795294 Supervisory jurisdiction under Article 227 may exceptionally be invoked against an arbitral order rejecting a jurisdictional objection where the tribunal is alleged to lack inherent jurisdiction, despite the limited intervention framework of the Arbitration and Conciliation Act. Claims seeking corporate restructuring, division of company assets and liabilities, share allotment or buy-out, management changes, and asset sales were characterised as intra-company actions in rem. Because the companies were not parties to the memorandum and the reliefs affected minority shareholders and third-party interests, they required adjudication under the exclusive statutory jurisdiction of the National Company Law Tribunal. Arbitral proceedings concerning those corporate claims were terminated, without affecting statutory remedies or otherwise arbitrable proceedings. Case-Laws Indian Laws Mon, 01 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795294