PROCEDURE — application pursuant to s 237 of the Corporations Act to commence a derivative suit on behalf of fourth defendant against first and fifth defendants for alleged breach of fiduciary and statutory duties — HELD -once five criteria under s 237 satisfied there is no discretion — leave granted to commence derivative suit — requirement that derivative suit be commenced and continued as part of existing proceedings
Case Details
Citation[2011] NSWSC 166
CourtNSWSC
JurisdictionNew South Wales
Unlock so much more with Barrister AI
The full text is available to signed-in members, including the 7 later cases that cite this judgment.
