Summary Company Law, ISBN: 9780198704133 company law
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Course
Company law
Institution
Kings College London (KCL)
Book
Company Law
This is the complete a - z note on the company law topic, you just have to go through it once and you can easily attempt the question and get A ++ grade in finals
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Summary Company Law, ISBN: 9780198704133 company law
company's separate corporate personality and limited liability
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Kings College London (KCL)
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Company law
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STATUTORY MINORITY
PROTECTION
Chapter 12 of the subject guide
,INTRODUCTION
, INTRODUCTION
Statutory protection of minorities is more important in private companies
since they are likely to be part of the core management, and a dispute
could have serious consequences for the overall operation of the company.
Two major remedies for minority:
i. Section 122 (1) (g) of Insolvency Act 1986 provides for the winding of the
company on just and equitable grounds. This section is more applicable
on private companies whereby a minority in case of a dispute can argue
that the company is now inequitable or unjust.
ii. Section 994 of Companies Act 2006 provides remedies for unfair
prejudice to the minority.
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