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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
Oppression and Mismanagement: Section 241 Companies Act 2013
Introduction: Understanding Member Rights in Corporate Governance The recent pronouncement by the National Company Law Appellate Tribunal (NCLAT), Chennai Bench, has brought renewe
SEBI (Delisting of Equity Shares) Regulations 2021: A Comprehensive Analysis
Introduction The Securities and Exchange Board of India (SEBI) introduced the SEBI (Delisting of Equity Shares) Regulations, 2021 on June 10, 2021, replacing the previous 2009 fram
Shareholders’ Agreements vis-à-vis Articles of Association: Legal Validity and Judicial Interpretation
Introduction The governance framework of Indian companies operates at the intersection of statutory regulation and private ordering. While the Companies Act provides the statutory
Section 244 Companies Act 2013: Minority Shareholder Oppression Petition
Introduction: Safeguarding Minority Shareholders Rights The Companies Act, 2013, significantly overhauled the framework for protecting minority shareholders’ interests
Section 2(55) Companies Act 2013: Definition of Member Explained
Introduction The concept of membership in a company forms the foundational pillar of corporate governance and shareholder rights in India. Under the Companies Act, 2013, the framew
