Class action suit in India- Interpretations overlap remedies -Part III
March 20, 2014
Class actions aim to minimise litigation by reducing multiplicity of suits, however, the ambiguous provisions leave no option for commoners other than to look up to the courts for clarity and interpretation. This is the concluding part of a three part series
Shambo Dey and Prachi Narayan
The provision for class action suit in the new Companies Act, 2013 was brought in to provide stakeholders an edge in retrenching their rights.