Majority shareholder trying to diminish shares of minority shareholder


Can a majority shareholder diminish or make shares of minority order diminish or null by infusing his own capital? How can minority shareholder protect himself?


Answers (3)

Any act by the majority shareholders to diminish or reduce the shareholding of the minority shareholders would be considered to be an act of oppression against the minority shareholders under Section 241 of the Companies Act, 2013 and you can seek an injunction order against the majority shareholders from doing such an act and preclude the majority shareholders from diminishing or reducing your shareholding without your consent.


Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

Taking into consideration the above said facts andyour query therein.


The above said issues ideally are depth under the company law , contract law , arbitration law if any.

However to enable a legal remedy one needs to go through the documents and other details. And it is suggested to enable a legal action accordingly.

Best Regards.

Popular Corporate Lawyers

Advocate Sunil Kumar Bakshi
Sector-16, Faridabad
32 years Experience
Advocate Sunil Dalal
New Friends Colony, Delhi
22 years Experience
Advocate Shikhar Khare
Jangpura Extension, Delhi
6 years Experience
Advocate Prerna Oberoi
Sector 41, Noida
7 years Experience

Respected Sir / Madam,
Minority shareholders can protect themselves by approaching sebi and showing that this action will cause great loss or injustice. Action should be taken immediately against the company to get the maximum results.


Related Articles


"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.com and has been responded by one of the Corporate Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.

Legal Services

One Person Company (OPC) Incorporation

4.9 | 65 ratings
Get hassle-free OPC registration through experienced professionals in your city
Create a Partnership Deed

4.6 | 42 ratings
30 Min Intro call + Start to finish help - Partnership Deed drafted by a local experienced advocate
Conversion of a Private Limited Company to a LLP

4.7 | 49 ratings
Get hassle-free conversion of Private Limited Company into Limited Liability Partnership through experienced professional in your city
Limited Liability Partnership (LLP) Incorporation

4.8 | 92 ratings
Get hassle-free LLP registration through experienced professional in your city
15 Minutes Corporate Law Advice Session by Phone

4.8 | 153 ratings
Legal advice and answers from a local experienced advocate about your Corporate Law issues
Conversion of a Partnership Firm into an LLP

4.6 | 51 ratings
Get hassle-free conversion of partnership firm into LLP through experienced professional in your city
Sole Proprietorship Incorporation

4.8 | 29 ratings
Get hassle-free Sole Proprietorship registration through experienced professionals in your city
Draft a MOA & AOA for your company

4.4 | 49 ratings
30 Min Intro call + Start to finish help - MOA & AOA drafted by a local experienced advocate
Conversion of a Sole Proprietorship into a Private Ltd. Co.

No Ratings
Get hassle-free conversion of sole proprietorship into private limited company through experienced professional in your city
Partnership Firm Incorporation

4.8 | 51 ratings
Get hassle-free Partnership Firm registration through experienced professionals in your city
Document Review - Partnership Deed

4.9 | 58 ratings
Review + 30 Min phone call - Partnership Deed review by a local experienced advocate
Conversion of a Private Limited Company to an OPC

No Ratings
Get hassle-free OPC registration through experienced professional in your city
Pvt. Ltd. Company Incorporation

4.9 | 109 ratings
Get hassle-free Private Limited Company registration through experts in your city
Similar questions

I, My Husband, his friend & Friends Wife were partners in a Registered Partnership firm details of which were given to the Registrar of Partnershi…

Read More

I was working as a manager in a private coaching institute. I was having payment issues. The boss was not paying me my salary. So, I left my job. But …

Read More

I am holding 30 percent shares in a private limited company. What are my rights as compared to.the person holding balance 70 percent. Can he throw me …

Read More

I'm working with one retail firm, though I'm obidient enough and meeting my targets, my boss is harrassing me and not giving opportunities to …

Read More

Talk to a lawyer for your legal issue