Minority shareholder rights in a private company
  •  30-07-2021 02:52 PM

Where decisions are validly taken, but a minority shareholder is of the opinion that other shareholders are oppressive and unfairly disregarding their interests, they have the option of approaching the court and applying for a relief in terms of Section 163 of the Companies Act. Section 163(1) sets out instances in terms of which a shareholder or director can approach the court ...

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