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Minority shareholders are put in a precarious position in Pakistan's predominantly family-owned/private sector companies. Controlling shareholders abuse their power and make self-serving decisions that harm the rights of both the company and minority shareholders. To that end, it is suggested...
Persistent link: https://www.econbiz.de/10014242351
Financial interests of minority shareholders are uncertain and volatile in the Pakistan Company Act. The Act does not have a significant redress in the shape of a derivative action mechanism, which is a key policing tool for management accountability and transparency. The fact that derivative...
Persistent link: https://www.econbiz.de/10014237727
Due to the result of globalization, international trade and supply chains have rapidly been witnessed across the borders, which has forced the law makers and jurists to develop legal framework for the issues arising out of fraud involved in transaction of supply and chain. However, World Trade...
Persistent link: https://www.econbiz.de/10014242379
The International Public Policy of Pakistan is profoundly entangled between contractual laws, domestic arbitration, and loose & broad definition by Courts; hence hampering the execution of foreign arbitral award. The article seeks to better comprehend and investigate the doctrine of public...
Persistent link: https://www.econbiz.de/10014242380
The concept of public policy in International Arbitration is still extremely contentious, controversial, and complicated in modern times. Although legislation related to arbitration and practise have attempted to harmonise public policy so that parties may benefit from a globally recognised...
Persistent link: https://www.econbiz.de/10014242390
An efficient corporate governance system ensures that an organization runs smoothly, protects shareholders, and ensures that directors conduct their duties in the best interests of the company. Because of their dominant position and voting power, majority shareholders can abuse their power by...
Persistent link: https://www.econbiz.de/10014259715