
Resourceful. Naturally.

Resourceful. Naturally.
Case Analysis
Norma (India) Ltd. vs Mr. Sameer Khandelwal And Ors.
Nivedita Sharma v. Industrial Credit & Investment Corporation of India
Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.
Smt. Pushpa Katoch vs Manu Maharani Hotels Ltd. And Ors
Introduction The concept of majority rule has been applied to the management of corporate affairs. Resolutions on numerous subjects are passed by a simple majority or a three-fourths majority of the members. When a resolution is passed with the required…
Shri Ajit Singh Ahuja and Ors. v. Sapphire India Pvt. Ltd. and Ors.
Introduction The Companies Act, 2013 provides certain protections to the minority shareholders against the basic principle of majority rule i.e., When a resolution is passed with the required majority, it becomes binding on all company members. As a result, the…
Rajahmundry Electric Supply Corporation Ltd. v. Nageswara Rao and Ors
Introduction According to section 2(68) the Companies Act, 2013 a “company” means a company incorporated under this Act or under any previous company law. In common law, a company is a “legal person” or “legal entity” separate from, and capable…
N.V.R. Nagappa Chettiar And Anr. vs The Madras Race Club
Introduction The notion of majority rule has been applied to the management of corporate affairs. Resolutions on various topics are passed by a simple majority or a three-fourths majority of the members. When a resolution is passed with the required…
Foss v. Harbottle
Introduction ‘To win in a democracy, you must have a majority.’ Similarly, a company, which is an association of individuals, acts in accordance with the majority of its members’ decisions. The minority, or dissenting members, are bound by the decisions…
Ashok Kumar Oswal v. Panchsheel Textiles Mfg
Introduction The basic principle governing the management of a corporation’s affairs is that “the courts will not, in general, intervene at the request of shareholders in matters of internal administration; and will not interfere with the management of a corporation…