Vicarious Liability of Company Directors for Criminal Offences in India
Introduction The concept of vicarious liability—where one person is held liable for the acts of another—gains complexity in the corporate context. A company, being an artificial legal entity, functions through its directors and key managerial personnel. While corporate structures are designed to separate individual liability from company liability, Indian statutes often impose vicarious liability on […]
Legal Remedies for Minority Shareholders in Oppression and Mismanagement Cases
Minority shareholders often find themselves sidelined in decisions taken by the majority in closely held companies. While the Companies Act, 2013 upholds the principle of corporate democracy, it also protects minority shareholders from unjust, prejudicial, or oppressive actions. In this article, we explore the legal remedies available to such shareholders under Indian corporate law. Functioning […]