New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Who shall be responsible to bear the cost or expenses

    connected with the class action brought under section 245 of the Companies Act?
    A By Central Government Correct Answer Incorrect Answer
    B Company or person responsible for oppressive act Correct Answer Incorrect Answer
    C By all the members or applicants collectively Correct Answer Incorrect Answer
    D Both (a) and (c) Correct Answer Incorrect Answer

    Solution

    S ection 245(5)(d) lays down that the cost or expenses connected with the application for class action shall be defrayed by the company or any other person responsible for any oppressive act.

    Practice Next