SC Refers Section 245 Class Action Dispute to Arbitration on Parties’ Consent

Jindal Poly Films Limited Vs Monet Securities Private Limited & Ors. (Supreme Court of India) The Supreme Court disposed of a civil appeal arising from proceedings under Section 245 of the Companies Act, 2013 after the parties jointly consented to refer their disputes to arbitration. The appeal had challenged an NCLAT judgment dated 26 February 2026, which had upheld the NCLT’s order dated 5 February 2026 rejecting objections to the maintainability of a class action petition and directing issuance of public notice to shareholders. Read NCLAT Judgment in this case: NCLAT Allows Class...