Case Analysis

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…

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…