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Shareholders’ headcount test: Is it a tool for oppression by the minority?

Updated : September 24, 2019 06:38 AM IST

A majority in number of shareholders or creditors having an insignificant stake may nullify the resolution relating to compromise and arrangement proposed by the company.
The different provisions of the Companies Act, 2013 have been brought into effect in a phased manner.
Shareholders’ headcount test: Is it a tool for oppression by the minority?
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