Section 246 of CA 2013 : Section 246: Application Of Certain Provisions To Proceedings Under Section 241 Or Section 245

CA 2013

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Explanation using Example

Imagine a scenario where a group of minority shareholders of XYZ Pvt. Ltd. believe that the company's affairs are being conducted in a manner prejudicial to their interests. They decide to make an application to the National Company Law Tribunal (NCLT) under section 241, alleging acts of oppression and mismanagement by the comp...

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