Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
17 July 2011
If a shareholder is acting against the interests of the company or his acts are detrimental to the interests of the company can the Board of Directors take any action against the shareholder under Companies Act 1956 ?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 18 July 2011
Can we discuss this.....
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 11 August 2011
Friends
Can this be taken up.
REgards,
AMIT MISHRA
(Legal Professional)
(393 Points)
Replied 11 August 2011
Dear Dipjyoti,
As per my knowledge its the Company acting through its Board of Directors can file a suit against that person only after taking into account the nature of the damages caused by the person. His being a shareholder in no way shields him for such acts caused by him.
Thanks & Regards
Amit Mishra
CAclubindia
