"Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company,we own part of that company and we are partly responsible for how that company progresses. If we

believe there is something wrong with the company, then we, as shareholders, must become active and

vocal."

Mark Moibus, American Businessman.

Critically examine the rights of shareholders in a company and limitations they might face when

exercising those rights as per the case of Foss v Harbottle. How far does the Companies Act 2001

recognize the principles of shareholder activism?