MCA1 min read
Oppression and Mismanagement
Grounds under Section 241 of Companies Act 2013 for minority shareholders holding at least 10% shareholding to petition NCLT against conduct of company affairs in a manner prejudicial to public interest or oppressive to members.
Last updated: 17 May 2026
Frequently Asked Questions (FAQs)🔗
Q1. What is Oppression and Mismanagement in Indian corporate law?▼
Grounds under Section 241 of Companies Act 2013 for minority shareholders holding at least 10% shareholding to petition NCLT against conduct of company affairs in a manner prejudicial to public interest or oppressive to members.
Q2. Why is Oppression and Mismanagement important for compliance?▼
Oppression and Mismanagement is governed by the Ministry of Corporate Affairs under the Companies Act, 2013. Understanding this concept is essential for ensuring regulatory compliance, avoiding penalties, and making informed corporate decisions in India.
Q3. Who should know about Oppression and Mismanagement?▼
Oppression and Mismanagement is relevant for company secretaries, compliance officers, chartered accountants, corporate lawyers, board members, and all professionals dealing with MCA regulatory matters in India.
Contextual Analysis & Regulatory Updates🔗
Read our latest analysis and critical updates on corporate circulars related to MCA:
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Published: 28 June 2026