Kar HC: Shareholder Can't Itself Initiate Proceeding Before Magistrate for Fraud Under Companies Act - (27 Oct 2022)
COMPANY
Karnataka High Court has held that a shareholder, minority or otherwise, cannot initiate proceedings before the Magistrate by himself or herself for an alleged offence of fraud under Section 447 of the Companies Act, 2013.
Tags : KARNATAKA HIGH COURT SHAREHOLDER FRAUD
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