Rights of Minority shareholders in companies undergoing insolvency
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In companies undergoing Insolvency under the ibc code of the Govt. of India the minority shareholders who did not have any say in the day to day running of the companies are being made victims and treated at par with the promoters who have either siphoned off the money or taken wrong business decisions. They are not having any say in the entire ibc process and are mute spectators. New promoters of these companies and bidders are delisting these companies with nothing for these poor small investors. Govt who is the guardian of these small investors should act immediately and help them save their life savings.
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