Nice try to get people to sign over!
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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- Ann: GMD:Notice on Status of Conditions for Dacian T/Over s630(3)
Ann: GMD:Notice on Status of Conditions for Dacian T/Over s630(3), page-13
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