Class action suit in India- Will it deliver or fail? -Part I
March 18, 2014
Class actions under Section 245 of the new Companies Act, 2013 are evidently distinctive and separate and were brought in as additional tool for investor protection. This is first part of a three part series
Shambo Dey and Prachi Narayan
Very generally speaking, class action suit is a lawsuit that allows a large number of people with a common interest in a matter to sue or be sued as a group.