Where the affairs of a company are being conducted in a manner oppressive to some members or prejudicial to the interests of the company, the statutory remedy lies under which section of the Companies Act, 2013?

Section 241 of the Companies Act, 2013 provides the remedy for oppression and mismanagement: any member may apply to the Tribunal where the affairs of the company are being conducted in a manner prejudicial or oppressive, or in a manner prejudicial to the interests of the company or to public interest. Section 244 fixes the eligibility thresholds, and the Tribunal can grant relief such as regulating the conduct of affairs, or appointing directors. Section 230 concerns compromise and arrangements, Section 271 the grounds for winding up, and Section 100 the power to alter share capital. Oppression petitions are a corporate-governance staple.