CMR 0.00% 15.0¢ compass resources limited

s232 oppression/contrary t interests s/holders

  1. 30 Posts.
    S232 Corporations Law (very slightly paraphrased)
    A court may make an order under s 233 if:

    a. the conduct of a company's affairs or

    b an act or omission by or on behalf of company or

    c a resolution or 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

    I LIKED CONTRARY TO THE INTERESTS OF THE MEMBERS AS A WHOLE BEST BUT WOULD ARGUE OPPRESSION IN THE ALTERNATIVE!
 
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