Personal rights invaded - statutory provisions, Business Law and Ethics

Personal rights invaded:

                   A shareholder may sue to protect from invasion their own individual rights as members.  This is illustrated by Pender v Lushington (101)

 Fraud on a minority and the wrongdoers are in control of the company

"It has been further pointed out that where what has been done amounts to what is generally called in these cases a fraud on the minority and wrongdoers are themselves in control of the company, the rule is comfortable in favor of the aggrieved minority who are allowed to bring what is recognized as a minority shareholders' action on behalf of themselves and all others.  The reason for this is like as, whether they were denied that right, their grievances could never reach the court because the wrongdoers themselves, being in control, and then would not allow the company to sue," (per Jenkins, L.J.)

Posted Date: 1/15/2013 3:01:30 AM | Location : United States







Related Discussions:- Personal rights invaded - statutory provisions, Assignment Help, Ask Question on Personal rights invaded - statutory provisions, Get Answer, Expert's Help, Personal rights invaded - statutory provisions Discussions

Write discussion on Personal rights invaded - statutory provisions
Your posts are moderated
Related Questions
QUESTION 1 "misconduct must be viewed in the specific context where it occurs and in the relevant nature of the relationship existing between the employee and the employer;" (S

Determine the agenda-setting process The "agenda" is the list of subjects or problems to which government officials, and people outside of government closely associated with t

Patrick works in the same office as Marian and they do not work well together. One day, Marian got credit for a job well done and Patrick got angry over it. He walked int

Question 1: (a) A contract is valid as soon as the parties agree on its terms. According to you, is this statement correct? Justify your answer with the relevant enactment/cas

Acceptance - Law of Contract Conversely an offer made to the general public can be established through anybody who fulfil that performs then the conditions stated therein.

Most executions take place using a lethal injection.  The company that manufactures the drug that is most used has now announced that it is choosing to no longer produce that drug.

Bulky and technical Bills: In fact some Bills are so bulky and technical hence they are passed without sufficient debate it means Parliament lacks the time and knowledge to th

One night Mr Kokintou and Ms Mangetou, entered into a housethrough a window which was negligently left open by the owner of the house.  Whilst Ms Mangetou was keeping guard at the

1. Maryland is one of a few states in which contributory negligence is a complete defense, barring the plaintiff from any recovery. What is contributory negligence? How does it com

QUESTION 1 Why is the United States, which is a leader country in so many areas, so far behind in the provision of social welfare benefits? QUESTION 2 (a) Who uses private