Protection of minority under the company law a comparative study / Ruziah Mohd

"It is not the business of the court to manage the affairs of the company. That is for the shareholders and directors. "It (the just and equitable provision) does, as equity always does, enable the court to subject the exercise of legal rights to equitable consideration; consideration, tha...

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Main Author: Mohd, Ruziah
Format: Student Project
Language:English
Published: Faculty of Law 1987
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/27081/
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author Mohd, Ruziah
author_facet Mohd, Ruziah
author_sort Mohd, Ruziah
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description "It is not the business of the court to manage the affairs of the company. That is for the shareholders and directors. "It (the just and equitable provision) does, as equity always does, enable the court to subject the exercise of legal rights to equitable consideration; consideration, that is of a personal character between one individual and another, which may make it unjust or inequitable, to insist on legal rights, or to exercise them in a particular way. “Per Lord Wilber force in Ebrahimi v Westbourne Galleries Ltd. The above dicta expressed by the two of England foremost commercial judges represent judicial thinking on the rights of the minority shareholders, and demonstrate the progress made by such shareholders in securing greater protection over the years, culminating in the landmark decision of the House of Lords in Ebrahimi v Westbourne Galleries Ltd." It is axiomatic that a company acts in accordance with the decisions taken by the majority of its members, willing and able to vote yet, the minority cannot be completely ridden sough-shod. Hence, a proper balance of the rights of the majority and the minority is essential for the smooth functioning of the company.
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spelling uitm-270812022-12-23T03:52:53Z https://ir.uitm.edu.my/id/eprint/27081/ Protection of minority under the company law a comparative study / Ruziah Mohd Mohd, Ruziah K Law in general. Comparative and uniform law. Jurisprudence KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia) "It is not the business of the court to manage the affairs of the company. That is for the shareholders and directors. "It (the just and equitable provision) does, as equity always does, enable the court to subject the exercise of legal rights to equitable consideration; consideration, that is of a personal character between one individual and another, which may make it unjust or inequitable, to insist on legal rights, or to exercise them in a particular way. “Per Lord Wilber force in Ebrahimi v Westbourne Galleries Ltd. The above dicta expressed by the two of England foremost commercial judges represent judicial thinking on the rights of the minority shareholders, and demonstrate the progress made by such shareholders in securing greater protection over the years, culminating in the landmark decision of the House of Lords in Ebrahimi v Westbourne Galleries Ltd." It is axiomatic that a company acts in accordance with the decisions taken by the majority of its members, willing and able to vote yet, the minority cannot be completely ridden sough-shod. Hence, a proper balance of the rights of the majority and the minority is essential for the smooth functioning of the company. Faculty of Law 1987 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/27081/2/27081.pdf Mohd, Ruziah (1987) Protection of minority under the company law a comparative study / Ruziah Mohd. (1987) [Student Project] <http://terminalib.uitm.edu.my/27081.pdf> (Unpublished)
spellingShingle K Law in general. Comparative and uniform law. Jurisprudence
KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia)
Mohd, Ruziah
Protection of minority under the company law a comparative study / Ruziah Mohd
title Protection of minority under the company law a comparative study / Ruziah Mohd
title_full Protection of minority under the company law a comparative study / Ruziah Mohd
title_fullStr Protection of minority under the company law a comparative study / Ruziah Mohd
title_full_unstemmed Protection of minority under the company law a comparative study / Ruziah Mohd
title_short Protection of minority under the company law a comparative study / Ruziah Mohd
title_sort protection of minority under the company law a comparative study / ruziah mohd
topic K Law in general. Comparative and uniform law. Jurisprudence
KP Asia and Eurasia, Africa, Pacific Area, and Antarctica. Asia. (South Asia. Southeast Asia. East Asia)
url https://ir.uitm.edu.my/id/eprint/27081/