Wednesday, 4 December 2013

Only Arbitral Tribunal has got authority to decide fate of shareholders agreement containing arbitra

CL : Where issues of oppression and mismanagement raised in company petition was covered in shareholder's agreement with arbitration clause and relief sought being consequential to lis pending before High Court in arbitration proceedings, such an issue was to be decided only by arbitral Tribunal unless party which raised litigation in a forum other than arbitral Tribunal was not a party to arbitration agreement


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