How to look at the issue of 'membership' under section 399?

Durga Rao , Last updated: 17 January 2011 Share Follow on Google News

Section 397/398 of the Companies Act, 1956 provides a relief to the minority against the majority if the majority indulges in the oppressive acts and the acts of mismanagement. It is not that every shareholder can avail the remedy available under section 397/398 of Companies Act, 1956 and se

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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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