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CHAPTER 13: MINORITY - Coggle Diagram
CHAPTER 13: MINORITY
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Introduction
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A person joining a company will be deemed to have accepted the risk that in the wider interest of the company decisions may be taken which may prejudices his own interest
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Types of action
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Derivative action
Where shareholders brings on behalf of the company against the directors, management or other shareholder of the company
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Statutory Protections
Section 181
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Oppressively, discriminatory, prejudicial or contrary
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