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

Hey there!

come here often?

Login To Come In