Class action suits in Indian company law, explained4 min read . Updated: 10 Jun 2016, 05:36 PM IST
An explainer on changes to the Companies Act, 2013 relating to class action suits in cases of mismanagement of a company by its directors
New Delhi: Last week, the government notified several provisions of the Companies Act, 2013, bringing them into effect. Among them were sections regarding the National Company Law Tribunal (NCLT), protecting employees during investigations and imposing restrictions on the transfer of securities while an investigation was pending regarding it.
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