Remedies of Monitory Shareholders
Autor: tobysun0115 • October 22, 2015 • Essay • 2,684 Words (11 Pages) • 749 Views
Contents:
Introduction--------------------------------------------------------------------------------------2
Statutory Derivationn Action-----------------------------------------------------------------2
What is statutory derivation action? --------------------------------------------------------2
Who can take statutory derivation action? -------------------------------------------------2
Precondition------------------------------------------------------------------------------------2
For minority shareholders--------------------------------------------------------------------2
Oppression--------------------------------------------------------------------------------------- 3
When should be the oppression remedies taken? -----------------------------------------3
Who can apply the oppression remedies? -------------------------------------------------4
What is oppression and unfair conduct? ---------------------------------------------------4
Withholding of dividends----------------------------------------------------------------4
Exclusion from management------------------------------------------------------------4
Diversion of assets------------------------------------------------------------------------4
Inappropriate issue of share--------------------------------------------------------------4
Changes may affect the interest of minority shareholders---------------------------4
Conceal and no disclosure of company affairs----------------------------------------5
Remedies for oppression---------------------------------------------------------------------5
Shares purchase---------------------------------------------------------------------------5
Changes of directors----------------------------------------------------------------------5
Receiver appointed----------------------------------------------------------------------- 5
Authorize shareholders-------------------------------------------------------------------5
Exclusion of directors from management----------------------------------------------5
Modification of regulations--------------------------------------------------------------5
Winding up-------------------------------------------------------------------------------- 6
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