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As stated in the decision of Gambotto v WCP Ltd (1935] 132 CLR 432 at 44?: A share is liable to modication or destruction in

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As stated in the decision of Gambotto v WCP Ltd (1935] 132 CLR 432 at 44?: A share is liable to modication or destruction in appropriate circumstances but is more thon a 'capitalised dividend stream,' it is a form of investment that confers proprietary rights in the investor. With reference to the above, case law and statute as necessary, analyse: (i) the decision of Gambotto and the fraud on the minority remedy; (ii) the statutory oppression remedy in ss 232-234 of the Corporations Act El {(3th}; (iii) the distinction between the fraud on the minority remedy and the stamtory oppression remedy; and (iv) how these two member's remedies attempt to achieve a balance between the interests of majority shareholders and minority shareholders. Total (50 marks}

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