important test case could change the law and give shareholders...

important test case could change the law and give shareholders the same rights as creditors,
this case if successful will open a can of worms and give shareholders the rights they deserve

in a nutshell, if the company did not disclose correct information to shareholders, and then bad news that was made available caused a loss or reflected an adjustment in the share price , in the event of being wound up shareholders would have the same rights as creditors.

Lets see they are also talking about multiplex and other companies............

looking at HC posts I wonder is that what LUM and MUL posters believe......................incorrect disclosure ????

Can of worms about to be exposed, but I wonder if anyone has the gutz to change the law
cheers