Relief against oppression and mismanagement An analysis

By:

RAO, D K PRAHLADA

Material type:

Mixed materialsPublication details: 2013Description: 419-424Subject(s):

MISMANAGEMENT

NLM classification:

In: CHARTERED SECRETARYMSummary: The inter se relationship between the board and the body of shareholders is not adversarial. Both the board and the body of shareholders have to act in unison in the successful management of a company. However situations may arise when the board may exercise its powers to the detriment of shareholders, particularly the minority. To meet such situations the companies act provides for protection of minority interest and against mismanagement of the affairs of a comapny.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		43/4	Available		P14918

The inter se relationship between the board and the body of shareholders is not adversarial. Both the board and the body of shareholders have to act in unison in the successful management of a company. However situations may arise when the board may exercise its powers to the detriment of shareholders, particularly the minority. To meet such situations the companies act provides for protection of minority interest and against mismanagement of the affairs of a comapny.

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