Was breakdown in relations amongst members of a company.
Claimant alleged this was due to conduct of those running company.
Defendant’s behaviour did not constitute unfair prejudice.
However breakdown in relationship between parties made it just and equitable to grant a winding up order
Where majority’s conduct is ‘substantial cause’ of breakdown in relations, winding-up order may be granted irrespective of whether this conduct was underhand
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Company law | Shareholder Remedies Notes (15 pages) |
Company law | Unfair Prejudice & Just And Equitable Winding Up Notes (24 pages) |