Relief against oppression and mismanagement An analysis
Material type: Mixed materialsPublication details: 2013Description: 419-424Subject(s): NLM classification:- 658
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
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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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