PREJUDICED SHAREHOLDERS - S. 178

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Post Graduate COMMERCIAL AND BUSINESS LAW Mindmap am PREJUDICED SHAREHOLDERS - S. 178, erstellt von Darshan Roopun am 30/08/2013.
Darshan Roopun
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Darshan Roopun
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PREJUDICED SHAREHOLDERS - S. 178
  1. the origin of this section:
    1. s. 459 of CA UK
      1. 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”
      2. providing shareholders with an alternative to winding up the company under the “just and equitable” rule.
      3. Hoffman J, Re Postgate & Denby (Agencies Ltd) [1987] BCLC 8,14.
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