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The case of Foss v Harbottle (1843) 67 ER 189, established a fundamental principle of company law: In any action in which a wrong is

"The case of Foss v Harbottle (1843) 67 ER 189, established a fundamental principle of company law: In any action in which a wrong is alleged to have been done to a company, the proper claimant is the company itself. This means that a minority shareholder can never institute proceedings on behalf of the company."

Discuss the accuracy of this statement with reference to case law and section 212 of the Companies Act 2014.

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