this is the provision I had in mind. A company doing deals with the majority holder is a special case (from Allens TO handbook).
(Note: where there remain minority shareholders in a company, the company’s directors cannot favour the controlling shareholder over the others because the directors have a duty to consider the interests of the company as a whole. Further, related party dealings that require shareholder approval will likely need to be approved by the minority shareholders alone, with the controlling shareholder(s) excluded from voting)
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this is the provision I had in mind. A company doing deals with...
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