183321
Description
Mind Map by Darshan Roopun, updated more than 1 year ago
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Created by Darshan Roopun
over 11 years ago
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PREJUDICED SHAREHOLDERS - S. 178
- the origin of this section:
- s. 459 of CA UK
- which provides for a remedy where “the company’s affairs are being or have been conducted in a manner
which is unfairly prejudicial to the interests of its members generally or some part of its members”
- which provides for a remedy where “the company’s affairs are being or have been conducted in a manner
which is unfairly prejudicial to the interests of its members generally or some part of its members”
- providing shareholders with an alternative to winding up
the company under the “just and equitable” rule.
- s. 459 of CA UK
- Hoffman J, Re Postgate & Denby (Agencies Ltd) [1987] BCLC 8,14.
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