CORPORATIONS- Oppression - Winding up - Just and equitable ground - Shares in family company given by father and mother to three sons - Transfer restricted by agreement between shareholders - Agreement as to governance of wholly owned subsidiary - Eldest son unable to exit on terms satisfactory to him - Youngest son appointed managing director over opposition of eldest son - Whether breach of governance agreement - Whether oppression shown.
Acts Cited:
Corporations Law ss.232, 461, 467
Case Details
Citation[2000] NSWSC 884
CourtNSWSC
JurisdictionNew South Wales
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