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Re a Company

[1987] 1 BCLC 82

Case summary last updated at 23/01/2020 17:09 by the Oxbridge Notes in-house law team.

Judgement for the case Re a Company

Hoffmann J
·       Where director allots shares solely for purpose of destroying a majority, the main basis of action is the wrong to shareholders
Ø  And not the wrong to company
·       This because members’ individual rights under articles have been infringed.
·       Thus members have personal right of action.

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