Court:
Supreme Court
Catchwords:
Company Law-Private company-Directors power to allot shares-Whether share allotment by one of two existing directors valid-shares allotted for improper purpose-Whether breach of pre-emption rights-Effect of improper allotment.
Company Law-Remedies-Oppression remedy-Majority shareholder claiming unfair prejudice and oppression-Whether majority shareholder can bring action-Whether acts complained of amounted to oppression or undue prejudice-Powers of the court to remedy-Companies Act s 213A
Document Type:
Year:
2014
Suit/Claim number:
2013CD00072
Neutral Citation:
[2014] JMCC Comm. 14