IF A LISTED COMPANY'S MANAGEMENT IS INVOLVED IN A CERTAIN FRAUD, WHICH IS NOT READILY VISIBLE AS A LAYMAN ON VISUALISING FINANCIAL DOCS, THEN WHAT IS THE REMEDY FOR A SUFFERRING SHAREHOLDER? UNDER WHICH STATUTORY CLAUSE OF LAW CAN WE NAIL THEM DOWN? WHETHER IT'S CARO, CLAUSE 49, SARBANES OXLEY ACT OR ANY OTHER?
There are many remedy mentioned in the company law for the shareholder.
It is depends what fraud has been carried out by the Managament.
Most of time it is not visible because management itself carried out such fraud.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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