Q. The act is not held oppressive when there is: (Solved)
1. Mere inefficiency on the management
2. Unreasonable conducts of directors of a private company refusing to register transfer of some shares
3. Majority shareholders of a company engaged in forward contract business
4. Majority of shareholders tries to force an unwilling minority to invest their money in new and risky objects.
- a. Mere inefficiency on the management