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What is Prevention of Oppression in Company Law about?

This document discusses the meaning of oppression and mismanagement in company law and the powers of courts and the Company Law Board to provide relief. It defines oppression as unjust treatment by majority shareholders that places an unbearable burden on minority shareholders. Mismanagement occurs when a company is managed in a manner prejudicial to public or company interests. Members can apply to courts or the CLB for relief, which may order actions to prevent further oppression and mismanagement. The pu

Author

pchakr

Language

EN