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3 another most important correct is in trouble with reconstruction and amalgamation; they have got given a right to make an present to majority shareholders to buy the shares of minority shareholders.


Comparison of firms act 1956 with the new amended act 2013


Democratic decisions are made in line with the bulk determination and is perpetually viewed as fair and justified whilst it is overshadowing the minority hindrance. Although provision had been made in CA 1956 in context to minorities, they have been incapable to take any expertise their fore to protect minorities from being squeezed CA 2013 has been introduced.


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