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When can minority shareholders bring action against the company for preventing oppression and mismanagement?
  • a)
    When they disagree with the decisions made by the majority shareholders.
  • b)
    When they hold at least 25% of the company's total shares.
  • c)
    When the majority shareholders act in an unfair or fraudulent manner against the interests of the minority.
  • d)
    When they can prove that the company is incurring losses due to mismanagement.
Correct answer is option 'C'. Can you explain this answer?
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When can minority shareholders bring action against the company for pr...
Minority shareholders can bring action against the company for preventing oppression and mismanagement when the majority shareholders act in an unfair or fraudulent manner against the interests of the minority. This provision gives minority shareholders the right to seek relief from actions taken by the majority that harm the company's interests or their own interests.
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When can minority shareholders bring action against the company for preventing oppression and mismanagement?a)When they disagree with the decisions made by the majority shareholders.b)When they hold at least 25% of the company's total shares.c)When the majority shareholders act in an unfair or fraudulent manner against the interests of the minority.d)When they can prove that the company is incurring losses due to mismanagement.Correct answer is option 'C'. Can you explain this answer?
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When can minority shareholders bring action against the company for preventing oppression and mismanagement?a)When they disagree with the decisions made by the majority shareholders.b)When they hold at least 25% of the company's total shares.c)When the majority shareholders act in an unfair or fraudulent manner against the interests of the minority.d)When they can prove that the company is incurring losses due to mismanagement.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 When can minority shareholders bring action against the company for preventing oppression and mismanagement?a)When they disagree with the decisions made by the majority shareholders.b)When they hold at least 25% of the company's total shares.c)When the majority shareholders act in an unfair or fraudulent manner against the interests of the minority.d)When they can prove that the company is incurring losses due to mismanagement.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 When can minority shareholders bring action against the company for preventing oppression and mismanagement?a)When they disagree with the decisions made by the majority shareholders.b)When they hold at least 25% of the company's total shares.c)When the majority shareholders act in an unfair or fraudulent manner against the interests of the minority.d)When they can prove that the company is incurring losses due to mismanagement.Correct answer is option 'C'. Can you explain this answer?.
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