397/398 – Company Law Board – Forum Shopping – Indian Company Law

Introduction:
It is a fact that it is very rare to see a petition by a group of minority or majority under section 397/398 of the Companies Act, 1956 in listed Public Companies. As everybody knows a Company needs to get qualified as per SEBI (DIP) regulations and should satisfy other requirements before getting its shares [...]

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 [...]

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