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News: BHP UPDATE 1-BHP's London investors endorse climate change plan, page-24

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    CORPORATIONS ACT 2001 - SECT 232

    Grounds for Court order

    The Court may make an order under section 233 if:

    (a) the conduct …

    (b) …

    (c) a resolution, or a proposed resolution, of members or a class of members of a company;

    is either:

    (d) contrary to the interests of the members as a whole; or

    (e) oppressive to, unfairly prejudicial to, or unfairly discriminatory against, a member or members whether in that capacity or in any other capacity.

    Would an individual shareholder with large holdings could be considered acting in oppressive manner if this individual motive is simply voting on climate change.

    This section of the act refers to members not holdings

    Thanks for the in species explanation.
    I've learnt something new.
 
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