397/398 - the role of Company Law Board - Indian Company Law

Durga Rao , Last updated: 05 April 2010  
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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 397/3

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Published by

Durga Rao
(Attorney)
Category Corporate Law   Report

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