Oppression remedy: minority shareholders may petition for relief where company affairs are conducted oppressively, seeking orders short of winding up. This form enables a minority shareholder petition invoking the oppression remedy, requiring petitioner identity and service address, company ... Summary
Oppression remedy: minority shareholders may petition for relief where company affairs are conducted oppressively, seeking orders short of winding up.
This form enables a minority shareholder petition invoking the oppression remedy, requiring petitioner identity and service address, company incorporation, registered office, capital and objects, and a factual pleading in numbered paragraphs showing oppressive conduct. It permits prayer for specific relief or any just order, notes that winding-up may unfairly prejudice the petitioner, and requires a schedule of consenting members with shareholdings, payment status and annexed consents.
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