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Companies Law - Highlights / Catch Notes

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Oppression and Mismanagement - it will be detrimental to the ...

Companies Law

August 23, 2019

Oppression and Mismanagement - it will be detrimental to the interest of the company if litigation is continued on one pretext or other either by one group or the other. To save the company from litigating shareholders divided in groups and appellant group being too small in minority (holding 500 shares each), it would be desirable that an exit route is provided to the appellants.

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