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of <h1>Members Can Seek Tribunal Relief Under Clause 241 for Oppressive Conduct or Prejudicial Management Changes in Companies Bill 2011.</h1> Clause 241 of the Companies Bill, 2011, allows any company member to apply to a Tribunal for relief if they believe the company's affairs are being conducted in a manner that is prejudicial to public interest, oppressive to them or other members, or harmful to the company's interests. This includes situations where there is a significant change in management or control not in the interests of creditors or shareholders, potentially leading to prejudicial conduct. The Central Government can also apply to the Tribunal if it believes the company's operations harm public interest.
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