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Under what circumstances can an individual shareholder sue if an act requires a special majority but is passed by a simple majority?a)If the act is in line with the company's memorandum and articles of association.b)If the act is deemed fraudulent by the majority shareholders.c)If the act is an ultra vires transaction.d)If the act does not require a special majority and is passed by a simple majority.Correct answer is option 'A'. 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 what circumstances can an individual shareholder sue if an act requires a special majority but is passed by a simple majority?a)If the act is in line with the company's memorandum and articles of association.b)If the act is deemed fraudulent by the majority shareholders.c)If the act is an ultra vires transaction.d)If the act does not require a special majority and is passed by a simple majority.Correct answer is option 'A'. 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 what circumstances can an individual shareholder sue if an act requires a special majority but is passed by a simple majority?a)If the act is in line with the company's memorandum and articles of association.b)If the act is deemed fraudulent by the majority shareholders.c)If the act is an ultra vires transaction.d)If the act does not require a special majority and is passed by a simple majority.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Under what circumstances can an individual shareholder sue if an act requires a special majority but is passed by a simple majority?a)If the act is in line with the company's memorandum and articles of association.b)If the act is deemed fraudulent by the majority shareholders.c)If the act is an ultra vires transaction.d)If the act does not require a special majority and is passed by a simple majority.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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