Section 241 of CA 2013 : Section 241: Application To Tribunal For Relief In Cases Of Oppression, Etc
CA 2013
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Explanation using Example
Imagine that you are a shareholder in XYZ Pvt. Ltd., and you have noticed that the company's directors are making decisions that benefit their personal interests at the expense of the company. For instance, they are awarding contracts to businesses they own without proper bidding processes, leading to financial losses for XYZ Pvt. Ltd. This situation is causing you and other shareholders significant concern because it seems that the directors are mismanaging the company, which is not only det...
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