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We analyse Section 241 to 246 from the Bare Act of Companies Act, 2013. This will cover all the provisions related to oppression and mismanagement.

CSEET

Company Secretary Executive Entrance Test

English

Oppression and Mismanagement Sec 241 to 246 of Companies Act, 2013

In this lesson we discuss when a member can apply to NCLT to prevent oppression.

Introduction to Oppression and Mismanagement

In this lesson we study 5 powers of the NCLT which it can pass when a member applies for oppression.

What Orders can NCLT Pass to Prevent Oppression?

In this lesson we continue to understand the powers NCLT has for solutions to victims of oppression

Powers of NCLT to Stop Oppression

This lesson tells you what happens when NCLT order results in alteration of MOA and AOA

Interim Orders of the NCLT and Punishment for Contravention

In this lesson you will know what will happen to the Director if he acts as director despite being asked not to be the NCLT order.

Section 243 - Consequences of Termination of Certain Agreements

In this lesson we learn the minimum number of members required to apply to NCLT

Who can apply to NCLT for remedy to oppression?

This lesson discusses the concepts related to when a class action suit can be filed and who can file the class action suit.

What orders can the members ask the NCLT?

Who can file class action and the number of members required to file class action is discussed in this lesson.

Consequence of misleading statement by auditor in audit report

The concept of cause of action for the cases is discussed in this lesson.

What will the NCLT take in to account before accepting the application by the members?

The points to be considered by NCLT in a class action suit is discussed in this lesson.

Procedure to be followed by NCLT to dispose the application

What is the effect of vexatious applications is discussed in this lesson.

Lessons

11 lessons • 1h 35m

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Introduction to Oppression and Mismanagement

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What Orders can NCLT Pass to Prevent Oppression?

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Powers of NCLT to Stop Oppression

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Interim Orders of the NCLT and Punishment for Contravention

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Section 243 - Consequences of Termination of Certain Agreements

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Who can apply to NCLT for remedy to oppression?

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What orders can the members ask the NCLT?

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Consequence of misleading statement by auditor in audit report

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What will the NCLT take in to account before accepting the application by the members?

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Procedure to be followed by NCLT to dispose the application

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