Petition under section 397/398 – maintainability – a case study – Indian Company Law?

I have been writing articles on various issues touching the corporate world and especially the issues under Companies Act, 1956. I was concentrating more on the law pertaining to Oppression and Mismanagement as dealt with under section 397/398 of the Companies Act, 1956.  Law governing the rights of the minority, the propriety of the majority [...]

397/398 – The Role Of Company Law Board – Indian Company Law

As we all aware, section 397/398 of the Companies Act, 1956 deals with oppression and mismanagement and the protection to the minority against the majority. The law makers could not have expected that a situation will come where a majority are harassed or oppressed by the minority. Sections 397/398 and other connected provisions of companies [...]

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