GANDERBAL: Department of Law, School of Legal Studies, Central University of Kashmir (CUKashmir), organised an extension lecture on “Corporate Governance and the Law Relating to the Prevention of Oppression and Mismanagement “at the Tulmulla campus here.
In his welcome address, Associate Prof. Dr. Jehrul Islam, highlighted the growing importance of corporate governance in a modern democratic and economic framework. He talked about the expanding scope and significance of the corporate sector and the need for transparency, accountability, responsibility and ethical conduct in corporate management. He further highlighted the academic significance of corporate law within the Department and informed the gathering that Corporate Law is offered as a specialization for LL.M. students, thereby providing them an opportunity to develop specialized knowledge in this area of legal education.
In his special lecture, faculty member Jamia Millia Islamia, Prof. (Dr.) Qazi M. Usman, discussed various provisions designed to protect shareholders and other stakeholders from oppressive and prejudicial conduct within companies. He elaborated on the legal concept of “oppression and mismanagement,” its essential ingredients and the remedies available under company law. He discussed the relevant provisions of the Companies Act, 2013, particularly the provisions dealing with prevention of “oppression and mismanagement” and the role of the adjudicatory authorities in granting appropriate relief.
The resource person examined several landmark English and Indian judicial decisions relating to “oppression and mismanagement.” Through these case laws, he explained how courts and tribunals have developed and applied the principles governing corporate disputes, minority protection, corporate accountability and the prevention of abuse of corporate powers.
Mr. Bilal Ahmed Ganai, Asst Prof. was the In-charge of the extension lecture and coordinated arrangements. Dr. Imran Ahad Bhat, Asst Prof was the Rapporteur/. Ms. Yasrab Shabir, LL.M. scholar conducted the programme proceedings and Dr. Mudasir Nazir, proposed the vote of thanks.


