2016 (1) TMI 1307 - HC - Companies Law

Dispute between brothers - Held that - The dispute is essentially between two brothers representing the respective shares. Hence, considering the facts and circumstances, it would be just and proper if the matter is placed before the mediation centre where the attempt should be made to resolve the dispute amicably for all time to come. Such process shall be completed within one month. If the dispute is not resolved, the matter shall be placed on judicial side for further consideration.

Summary

The Gujarat High Court judgment involved a dispute between two brothers over shares. The court ordered the matter to be placed before a mediation center for an attempt to resolve the dispute amicably within one month. If not resolved, the matter would be considered further on the judicial side.