Explain the provision of Class Action Suits under various laws.
CS Professional · Resolution of Corporate Disputes, Non-Compliances & Remedies · PYQS · June 2025
Explain the provision of Class Action Suits under various laws.
Answer & Explanation:
Class Action suits under various laws Law Subject matter Class Example Code of Civil Procedure, 1908 There are no limits on the subject matter except for actions that cannot be filed in the civil courts at all, such as mismanagement suits. Person having "same interest in thew suit" Excess demand by Housing Board Companies Act, 2013 A suit can only be brought for operations and management of the company but does not include a banking Company. Shareholders and depositors in the company Depriving shareholders of their right to dividends
Topics: Legal Procedures
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