The rule of majority is the key concept that defines the operation of shareholder democracy. However, it is also vital to guarantee that the majority’s authority is kept within reasonable limits and does not lead to oppression of the minority or mismanagement of the organisation. Minority interests must be considered while making decisions. A minority shareholder is an equity holder of a firm who does not have voting control due to ownership of less than 50% of the firm’s equity capital. Rights of minority shareholders under the Companies Act 2013 This content is for Premium Subcribers only.Join Premium MembershipAlready a member? Log in here...
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