The author argues that the Indian position of barring arbitration for O&M suits should be relaxed for the few companies that have been recognized by courts as quasi-partnerships.

The extension of Section 241 of Companies Act to LLPs represents a crucial step in addressing the current inadequacies in legal protection.

This post examines the requirement of being a ‘member’ to maintain oppression and mismanagement petitions.

NCLT must evolve to address the complexities of family-owned businesses, recognizing the impact of family dynamics on corporate governance.

Section 241 provides shareholders with a versatile set of tools to respond to different forms of corporate abuse.

The pre-emptive clause in the AOA plays a pivotal role in the management of the company and an omission of the same amounts to O&M.