Legal Articles Mismanagement of Company Affairs March 1, 2012 / March 16, 2016 by Junaid Ahmed | Leave a Comment Junaid 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 […] Read more » A glimpse at section 235 of companies act Company Affairs High court of Andhra Pradesh Madras High Court Mismanagement of Company Affairs Power of the Tribunal Section 235(2) (a) Section 397/398 Section 398 of the companies Act 1956 Section 399 Sri Ramdas Motor Transport Ltd case