Minority Shareholder Activism And The Case For The Application Of The Business Judgment Rule In Indian Jurisprudence

Hetvi Modi, KPMSOL, NMIMS, Mumbai ABSTRACT This paper examines the issue of minority squeeze-outs in the context of mergers with relevant legal provisions given in The Companies Act, 2013, where majority shareholders often seek to eliminate minority stakes to gain full control over a company. This paper further tells how the legal framework addresses or fails to address the issue, while also seeing the concept of Business Judgement Rule in India which gives the majority shareholders the wide...