New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The principle as laid down in the case of Foss v.

    Harbottle applies to the infringement of which rights of a member of a company, under section 241 of the Companies Act, 2013?
    A Individual Rights Correct Answer Incorrect Answer
    B Corporate Rights Correct Answer Incorrect Answer
    C Shareholding Rights Correct Answer Incorrect Answer
    D Both (a) and (b) Correct Answer Incorrect Answer

    Solution

    As a general principle laid down in Foss v Harbottle, where it is alleged that a wrong has been done to the company then proper claimant in such an action is the company itself.

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