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Minority_Shareholders-_Applicability_of_Unfair_Prejudice

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Nội dung chi tiết: Minority_Shareholders-_Applicability_of_Unfair_Prejudice

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_PrejudiceOf unfair PrejudicebyCyprus Lawyer Natasa FlourentzouWWW mslawycrs.cumjrinos.shambartasWmsl awyers.cum.shambartasAES

minority shareholder is not completely powerless. There are always provisions included in the Companies Acts that influence a minority shareholder to Minority_Shareholders-_Applicability_of_Unfair_Prejudice

restrain the excesses of the majority. Nevertheless, these provisions are not frequently used against majority shareholders determined to perform thei

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

r plans. In such situations, the minority shareholder will have to seek protection and relief from the court. Therefore, a statutory remedy is provide

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_Prejudicent to interfere in the decisions of the management since the unfair prejudice remedy previously, had a restrictive meaning. However, after the statuto

ry changes, aiming at the removal of these restrictions. both the law and the courts are more in favour of providing relief towards minority sharehold Minority_Shareholders-_Applicability_of_Unfair_Prejudice

ers through the unfair prejudice remedy, which is considered as being a major source of relief and protection for the minorities.This dissertation aim

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

s to focus on the minority shareholders issue and specifically to shed some light on the ground of unfair prejudice, under the United Kingdom jurisdic

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_Prejudiceters. According to the first chapter, a consideration of the background of the law behind minority shareholders will be made, and particularly how it

was previously, how that law has been developed and how it has become nowadays. Then, moving on to the next chapter, it would be worth considering in Minority_Shareholders-_Applicability_of_Unfair_Prejudice

depth the ground of unfairly prejudicial conduct under section 994 of the Companies Act 2006 and particularly what the provisions of the section mean.

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

A clarification will be made of what we mean by unfairly prejudicial conduct and also types of such conduct will be mentioned. Particularly, some exa

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_Prejudicethe remedies that are available under section 996 of the Companies Act 2006. Finally, coming to the third chapter, a comparison will be made with othe

r remedies that are available for a minority and also it would be worth making a criticism in order to determine whether the ground of unfair prejudic Minority_Shareholders-_Applicability_of_Unfair_Prejudice

ial conduct is effective or whether it has to be developed.Table of ContentsIntroduction .............................................................

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

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m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_Prejudicees Act 2006...........................................................10CHAPTER 11 The unfair prejudice remedyi.Analysis of the provisions of unfair p

rejudice remedy........................11JT7;o may petition?.........................................................12Conduct of the company’s affair Minority_Shareholders-_Applicability_of_Unfair_Prejudice

s............................................13Conduct unfairly prejudicial to the interests of the members.................15Unfairly prejudicial con

Minority_Shareholders-_Applicability_of_Unfair_Prejudice

duct...................................................................... 17Examples of unfairly pre judicial conduct................................

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

Minority_Shareholders-_Applicability_of_Unfair_Prejudiceon of assets....................................22

m.shambartasADVOCATES& LEGAL CONSULTANTS30. COSTA ANAXAGORA.QFACEIOZ, 2014 NICOSIA COURT BOX 403T. .357 22007888Minority Shareholders: Applicability O

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