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SECTIONS 459–461 COMPANIES ACT 1985 IN FLUX: THE FUTURE OF SHAREHOLDER PROTECTION

Published online by Cambridge University Press:  29 November 2005

Jennifer Payne
Jennifer Payne
Affiliation:
Merton College, Oxford
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Extract

SECTIONS 459–461 of the Companies Act 1985 are at the forefront of the remedies available to protect minority shareholders from oppression. The danger is that companies will be run exclusively in the interests of the controlling shareholders, and that the interests of the minority shareholders will be ignored, or at least not fully recognised. These sections provide general protection from oppression for minority shareholders. They are drafted in deliberately wide terms.

Type
Articles
Information
The Cambridge Law Journal , Volume 64 , Issue 3 , November 2005 , pp. 647 - 677
Copyright
© Cambridge Law Journal and Contributors 2005

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