X, Y & Z directors of a company were the major shareholders of the company. X was the chairman of the company. At a meeting of the Board of Directors, it was decided to increase the share capital. Y and Z did not have the money to take up additional shares and feared that in consequence, X would corner all shares and become predominant in the company. So a general meeting was called and it was resolved that the present members alone should not benefit vfrom the prosperity of the company, but others should also share and a special resolution was passed that the new shares may be offered to about a dozen persons who were not members of the company. X rushed to the court complaining of oppression, saying that Y and Z wanted to throw him out as director and chairman of the company and they had passed a special resolution to bring about a change in the management.

What are the chances, if any, of X succeeding in the proceeding?