Question
Which of the following types of conduct could be classified as potential breaches of Corporations Act s 232 (Oppression Remedy)? (Select up to 3) Select
Which of the following types of conduct could be classified as potential breaches of Corporations Act s 232 (Oppression Remedy)? (Select up to 3)
Select one or more:
None of these options apply
Majority shareholders approve sale of companyassetsto themselves at below-market rate values
Majority shareholders pass a resolution which, although fair and a valid exercise of their power, is very unpopular with minority shareholders
Majority shareholders amend the company constitution which unfairly impact voting rights of minority shareholders
Majority shareholders pass a resolution to approve certain company benefits, that are not available to minority shareholders
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