ICICI Securities Shareholders Challenge Delisting , Form Action Committee - ET Link

 Please click ;-

https://economictimes.indiatimes.com/markets/stocks/news/icici-securities-minority-investors-to-challenge-delisting/articleshow/109546297.cms?from=mdr

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Blog Comments

Shareholders' Activism Zindabad

 Share Activism is a step in the Right Direction. There is , always , a threat of oppression by the Majority shareholders ( Promoters )on Minority ( Public ) shareholders.

 please click


https://www.bloombergquint.com/business/2017/10/12/billionaires-taken-to-task-by-rise-of-india-s-minority-investors

 Till date, the most powerful tool in the hands of minority shareholders has been bringing a suit for oppression and 

mismanagement, said Suhail Nathani, managing partner, Economic Law Practice. "Under the 2013 Companies Act, 

Section 245, over 100 shareholders can also file a class action suit but its application and enforcement is still nascent," 
he said. 

Read more at:

http://economictimes.indiatimes.com/articleshow/60370946.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Blog

 OLD POST 

February 14, 2018

Games Promoters Play ( on Minority Public Shareholders ).

Promoters use clever moves to forcibly eject Public shareholders when ever they feel like i.e. when the Company has excellent future prospects or when it suits the Promoters. 

1 ) Selective cancellation of Non Promoters shares.

2 ) Conversion of Equity shares in to Redeemable Preference Shares.

3 ) Consolidation of face value of one share to a Higher Denomination .


In all cases , valuers are appointed and Paid by the Company. Thus they are Promoters' Agents.

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