In the world of corporate governance, the put option clause in a shareholders agreement serves as a crucial safety net for minority shareholders. It grants them the right to sell their shares back to the company or majority shareholders under specific conditions. This right is instrumental in protec...
When it comes to corporate governance and shareholder rights, derivative actions play a crucial role. These actions allow shareholders to sue on behalf of the corporation when the company is harmed, typically due to wrongful acts by its directors or officers. This article delves deep into the concep...
Section 71(2) of the Companies Act is a critical provision that governs the powers and responsibilities of directors within a company. This section specifically addresses the fiduciary duties that directors owe to the company and its shareholders, emphasizing the requirement for directors to act in ...
