कोशिश गोल्ड - मुक्त
Lawyers keep close watch on India’s first class action lawsuit
Mint Kolkata
|October 04, 2025
marksthemoment Section 245 has become a credible legal instrument from a dormant, largely theoretical provision, said Gaurav Dayal, executive partnerat Lakshmikumaran & Sridharan Attorneys.“The outcome will cither empower minority shareholderstoclaim damages orlimit future collective shareholder litigation in India,” hesaid.
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The case began in March 2024, when three shareholders Ankit Jain 3.06% shares), Rina Virendra Jain (0.94%), and Ruchi Jain Hanasoge (0.99%) approached the National Company Law Tribunal (NCLT), Delhi, In the last hearing on II September, the NCLT sought notes on US class action law and adjourned the matter to8 October for conclusion ofarguments. Globally, class action lawsuits are used in the US, Canada,and UK, and ina more limited way in countries like France, Germany, and Japan.
यह कहानी Mint Kolkata के October 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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