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Shareholder to file petition u/s 241 against oppression and mismanagement; civil suit not an appropriate remedy

September 23, 2019[2019] 108 578 (Delhi)

COMPANY LAW: Where affairs of company was being conducted in a manner prejudicial to interest of shareholder of company, remedy of approaching NCLT under section 241 was available to shareholder, and civil suit would not be appropriate remedy

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