Discuss the provisions as provided under the companies act 2013, for prevention of oppression in a company
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nothing much than these act
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The following provisions under Chapter XVI of Companies Act 2013, details about prevention of oppression in a company:
1. Section 241 details that any company member who feels that the company is oppressive towards them or the public can appeal to the Tribunal.
2. Section 242 details about the powers held by the Tribunal and the decisions that can be taken by them.
3. Section 243 provides information about the effect of modification or termination of agreements by the Tribunal.
4. Section 244 details about who has the right to apply under Section 241.
5. Section 245 details about class action suits."
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