Tag: Power of the Tribunal
Mismanagement of Company Affairs
/ | Leave a CommentJunaid Ahmed Section 398 of the companies Act, 1956 is designed to primarily protect a company from being mismanaged and usurped by few at the helm to the detriment of the company’s interest and public interest. Sec.398 of the companies Act, 1956 mandates a person holding 10% of the equity shares to file an application […]
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