Award by arbitrator is within ambit of transmission by operation of law

 Award of an arbitrator under Arbitration and Conciliation Act, 1996 would fall within ambit of “transmission by operation of law” as envisaged by second proviso to section 108 of Companies Act  Award by arbitrator is within ambit of “transmission by operation of law” DECIDED BY: HIGH COURT OF BOMBAY, IN THE CASE OF: Dinesh Nagindas Shah Vs. Pankaj Aluminum Industries Pvt. Ltd., APPEAL NO: Company Appeal No. 59 of 2009 IN Company Petition No. 16 of 2008, DECIDED ON July 7, 2010 ORAL JUDGMENT 1. This is an appeal under section 10(F) of the Companies’ Act, 1956 ag...