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Under which circumstance can the Central Government apply to the Tribunal under Section 241?
  • a)
    When the company's affairs are being conducted in a profitable manner.
  • b)
    When the majority shareholders are mismanaging the company.
  • c)
    When the company's affairs are being conducted prejudicial to public interest.
  • d)
    When the company has incurred financial losses.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Under which circumstance can the Central Government apply to the Tribu...
The Central Government can apply to the Tribunal under Section 241 if it is of the opinion that the company's affairs are being conducted in a manner prejudicial to public interest. This provision allows the government to intervene if the company's actions are harmful to the larger public interest.
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Under which circumstance can the Central Government apply to the Tribunal under Section 241?a)When the company's affairs are being conducted in a profitable manner.b)When the majority shareholders are mismanaging the company.c)When the company's affairs are being conducted prejudicial to public interest.d)When the company has incurred financial losses.Correct answer is option 'C'. Can you explain this answer?
Question Description
Under which circumstance can the Central Government apply to the Tribunal under Section 241?a)When the company's affairs are being conducted in a profitable manner.b)When the majority shareholders are mismanaging the company.c)When the company's affairs are being conducted prejudicial to public interest.d)When the company has incurred financial losses.Correct answer is option 'C'. 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 Under which circumstance can the Central Government apply to the Tribunal under Section 241?a)When the company's affairs are being conducted in a profitable manner.b)When the majority shareholders are mismanaging the company.c)When the company's affairs are being conducted prejudicial to public interest.d)When the company has incurred financial losses.Correct answer is option 'C'. 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 Under which circumstance can the Central Government apply to the Tribunal under Section 241?a)When the company's affairs are being conducted in a profitable manner.b)When the majority shareholders are mismanaging the company.c)When the company's affairs are being conducted prejudicial to public interest.d)When the company has incurred financial losses.Correct answer is option 'C'. Can you explain this answer?.
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