Law · Corporate

Section 241 Companies Act — Application to Tribunal — Oppression

Member may apply to NCLT against oppression or mismanagement. (Companies Act, 2013)

Type: noun Branch: Corporate Level: Intermediate Jurisdiction: India

Pronunciation: 🇺🇸 US/ˈsɛkʃən ˈkəmpəniz ækt æpləˈkeɪʃən tɪ trəˈbjunəl əˈprɛʃən/ 🇬🇧 UK/ˈsɛkʃən ˈkəmpəniz ækt æpləˈkeɪʃən tɪ trəˈbjunəl əˈprɛʃən/

Definition

Member may apply to NCLT against oppression or mismanagement. (Companies Act, 2013)

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