Oppression & Mismanagement
Are you feeling sidelined, unheard, or unfairly treated in your company? Oppression & Mismanagement is one of the most common corporate issues faced by shareholders today.
When majority shareholders misuse power, minority investors suffer silently—often without knowing where to seek help. These issues can include unfair decisions, fund misuse, lack of transparency, or actions taken against the company’s best interest. Under Indian law, affected shareholders can challenge such acts and protect their rights. The Companies Act, 2013 empowers you to approach the NCLT to stop unfair practices and restore proper management. At Aarthika, we help shareholders understand their rights and take strategic legal action.
Documents Required
- Copy of Memorandum & Articles of Association (MOA & AOA)
- Shareholding proof / share certificates / demat statement
- Board meeting & general meeting minutes (if relevant)
- Financial statements (last 3–5 years)
- Records showing alleged oppression/mismanagement
- Communication proofs: emails, notices, resolutions
- Affidavit & petition details for NCLT filing
FAQs
Members holding at least 10% share capital or 10% voting power can approach NCLT. In some cases, NCLT may allow waiver for lower holdings.
Unfair dilution of shares, denial of rights, misleading information, removal from management without cause, etc.
Yes, filing before NCLT requires proper drafting, evidence, representation, and legal understanding.
Generally 6–18 months depending on complexity, evidence, and tribunal workload.
NCLT can stop oppressive acts, remove directors, regulate company affairs, cancel share issues, or even order recovery of misused funds.