10-mark question · Part C · Company Law

The directors of a company bought shares from 'A'. They disclosed to him that negotiations were conducted for the sale of all the company's shares at a higher price than they were to pay to 'A'. 'A' sued to have the sale set aside. Will he succeed?

Appeared in

• Company Law · March/April 2018 Mapped paper Download

Mapped topics

• Kinds of shares and transfer — Unit III
• Appointment, duties and independent directors — Unit IV
• Company, partnership, HUF and LLP distinguished — Unit I

Mapped case laws