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Retail Shareholder Protection Under the New Indian Corporate Legislation

  • Parimala Veluvali
Chapter
Part of the Advances in Theory and Practice of Emerging Markets book series (ATPEM)

Abstract

A significant reform in the Indian corporate regulatory landscape has been the enactment of the Companies Act, 2013. One of the objectives behind the Act was to make available substantive measures for the protection of the interests of stakeholders, more importantly, small investors. The Act has given a new lease of life to small investor protection in India, by bringing in various protective tools in the nature of class actions, exit options and voting mechanisms through express legislative provisions. Armed with these tools, small investors are collectively better equipped now to combat any oppressive actions of the company as represented by the majority. This chapter discusses the provisions of the Companies Act, 2013, in so far as they have been enacted keeping the small investor in focus in the corporate set-up.

Keywords

Small investors Indian Companies Act, 2013 Protective tools 

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Parimala Veluvali
    • 1
  1. 1.Symbiosis Centre for Management StudiesSymbiosis International (Deemed University)PuneIndia

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