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Oppression and Mismanagement Remedy under the Companies Act
Company law generally leaves the running of a company to the majority. Directors are appointed by majority vote, resolutions are carried by majority, and a shareholder who disagree
Section 241 and 242 of the Companies Act, 2013: Oppression & Mismanagement — Who Has Standing to File? (2026 NCLAT Update)
Introduction: The Statutory Remedy Against Majority Rule Corporate democracy functions on the fundamental principle of majority rule. However, when the majority abuses its power to
