1

A Private Limited is a company with ten shareholders. A member holding less than one- tenth of the share capital of the company apply to the Tribunal for relief against oppression and mismanagement? State whether member have a right to apply to the tribunal in above situation: –

  • A

    A single Member cannot apply to the Tribunal for relief against oppression and mismanagement

  • B

    A member cannot apply as he is holding less than one-tenth of the share capital of company

  • C

    A member can apply being one-tenth of the total number of members.

  • D

    A member cannot apply as the requirement of at least 100 members is not complied with.