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In the context of Section 241, what constitutes "oppression" as per Lord Cooper's explanation?
  • a)
    Any visible departure from financial standards.
  • b)
    Conduct involving unjust burdens on shareholders.
  • c)
    Aggressive business expansion by majority shareholders.
  • d)
    Strict adherence to literal interpretation of laws.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In the context of Section 241, what constitutes "oppression"...
As per Lord Cooper's explanation, "oppression" involves conduct that results in unjust or harsh burdens being placed on minority shareholders. It refers to actions that depart from the standards of fair dealing, causing unfair treatment to shareholders who entrust their money to the company.
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In the context of Section 241, what constitutes "oppression" as per Lord Cooper's explanation?a)Any visible departure from financial standards.b)Conduct involving unjust burdens on shareholders.c)Aggressive business expansion by majority shareholders.d)Strict adherence to literal interpretation of laws.Correct answer is option 'B'. Can you explain this answer?
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In the context of Section 241, what constitutes "oppression" as per Lord Cooper's explanation?a)Any visible departure from financial standards.b)Conduct involving unjust burdens on shareholders.c)Aggressive business expansion by majority shareholders.d)Strict adherence to literal interpretation of laws.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of Section 241, what constitutes "oppression" as per Lord Cooper's explanation?a)Any visible departure from financial standards.b)Conduct involving unjust burdens on shareholders.c)Aggressive business expansion by majority shareholders.d)Strict adherence to literal interpretation of laws.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of Section 241, what constitutes "oppression" as per Lord Cooper's explanation?a)Any visible departure from financial standards.b)Conduct involving unjust burdens on shareholders.c)Aggressive business expansion by majority shareholders.d)Strict adherence to literal interpretation of laws.Correct answer is option 'B'. Can you explain this answer?.
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