PR-0026Principles · Corporate · Wanted
Majority Rule
Scope
The company, not the shareholder, sues for wrongs done to it: the rule in Foss v. Harbottle and its exceptions.
Authorities to start from
- Foss v. Harbottle, (1843) 2 Hare 461
- Rajahmundry Electric Supply Corpn. Ltd. v. A. Nageshwara Rao, AIR 1956 SC 213
These are places to start. Please check each one against the original before relying on it. Follow one to see which other entries start from it.
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