Meaning of Dissolution of a Company

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Dissolution of a company means the dissolution of the company by reason of its dissolution in which the company ceases to exist completely. In...

Meaning of Winding-up/Liquidation of a Company

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Since the company is an artificial or statutory person, its termination is done in a legal manner and not automatically. Dissolution refers to the...

Powers of the Central Government

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The Central Government also has some powers to prevent injustice or mismanagement happening in any company. The main provisions in this regard are as...

effect of the order of the tribunal

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(Effects of the Order of Tribunal) 1. Effect of order on memorandum and articles of order.- If the Tribunal makes an order to a company...

Powers of the Tribunal

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In relation to the redressal of the injustice being done in the companies, the tribunal has got very wide powers or powers. The Tribunal...

Mention the provisions of the Companies Act regarding protection against injustice or exploitation and...

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Mention the provisions of the Companies Act regarding protection against injustice or exploitation and mismanagement in a company. The business and management of the company...

Exceptions to the decision of Foss v. Herbottle

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Exceptions to the decision of Foss v. Herbottle (Exceptions to the Decision given in Foss Vs. Harbottle Case) From the above discussion it appears that in...

Foss Vs Harbottle, 1843 (Foss Vs Harbottle, 1843)

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The effect of the arrangement made in Foss v. Herbottle is also that the minority One cannot even complain to the court of irregular work,...

Foss vs. Herbottle case

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(Foss Vs. Harbottle Case) In the case of Foss Vs. Harbottle, it was held by the court that on the petition of a shareholder,...

Supremacy of Majority/Rule of Majority

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In company meetings, all decisions are taken on the basis of majority, whether it is a meeting of the board of directors or a...

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