Ascertaining 'Oppression' under section 397 of Companies Act

Durga Rao | Last updated: 18 January 2011

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The study of various judgments of High Court and Supreme Court under section 397/398 of Companies Act, 1956 speak volumes about the complications in dealing with the cases of oppression and mismanagement under section 397/398 of Companies Act, 1956. There were many judgments under section 397/398 explaining the powers of Company Law Board, meaning of oppression, powers under section 402, the powers of Company Law Board in passing orders under section 402 in order to regulate affairs of the co

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About the Author

Durga Rao

Attorney

V.D.RAO,Advocate, Madras High Court, 23/3, Eswari Apartments, Beach Home Avenue 2nd Street, Besant Nagar, Chennai - 600 090. Mobile: +91-9884894008 Email: vdrao_attorney @ yahoo.co.in vdraoattorney @ gmail.com Will be in touch through: http://www.indiancorporatelaws.blogspo ... Read more

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