publications Site Title

Shareholder Protection From Unfair Prejudice: (5) Remedies; and (6) Offers to purchase/striking out



Information

Andrew reviews the remedies available under sections 994-996 Companies Act 2006 In respect of unfairly prejudicial conduct of a company’s affairs and considers offers to purchase and strike out applications

Moments in the video

00:00 - Introduction

01:37 - Remedies

02:15 - Section 996 Companies Act 2006

10:30 - General observations

17:51 - Purchase order

22:07 - Dinglis v Dinglis

23:27 - Expert evidence as to value

26:27 - Discount to reflect minority status of petitioner’s shareholding

29:18 - Other issues regarding purchase orders

32:03 - Agreements or offers to purchase/applications to strike out

35:00 - Drafting offers to purchase