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Mediation in Joint Venture Company’s Oppression & Mismanagement Dispute: NCLT referred to mediation
Case Law Details
- Case Name
- Anil Agrawal Vs Omega Icehill Private Limited (NCLT)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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1. The NCLAT Delhi In Anil Agrawal v. Omega as per the attached Order Delivered on: 11.04.2023
The company was formed as a joint venture (JV) between Omega Engineering Holding BV (Omega Group) and an Indian partnership firm called Friends Refrigeration and Associates (FRA). Clause 8 of the JVA, it was the Petitioner who was to remain as Managing Director of the JVC. Removed from the position of MD by a resolution. Held that removal of the Petitioner as Managing Director of the Respondent No. 1 Company cannot be interfered with in the present proceedings. In view of the rival...






