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Dafen Tinplate Co v Llanelly Steel Co

[1920] 2 Ch 124

Case summary last updated at 21/01/2020 15:08 by the Oxbridge Notes in-house law team.

Judgement for the case Dafen Tinplate Co v Llanelly Steel Co

Resolution inserted new article empowering majority to buy out “any shareholder as they thought proper”. Held:
 
·        Article was invalid.
·        This because it was self-evidently wider than could be necessary in interests of company.

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