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Abstract

Corporate world continues to suffer from the much prevalent disputes between shareholders. It definitely is not a phenomenon specific to India but is and has always been a universal problem. Allegations by the minority shareholders against the majority reverberate in courtrooms throughout the world. Indian law provides for various reliefs for oppression and mismanagement but how effective they are is a point of debate. This article would highlight one of such reliefs; as the title suggests - minority shareholders buying out the majority shareholders. To aid understanding this right under Indian law, various decisions are analyzed on this point while highlighting the principles of substantive law relating to oppression and mismanagement.

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