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Article: Authorising Derivative Actions on Unfair Prejudice Petitions

TitleAuthorising Derivative Actions on Unfair Prejudice Petitions
Authors
KeywordsAuthorisation
Derivative claims
Hong Kong
Minority shareholders
Unfairly prejudicial conduct
Issue Date2011
PublisherSweet & Maxwell Ltd. The Journal's web site is located at http://www.sweetandmaxwell.co.uk/details?prodid=7056&unitid=7056
Citation
Company Lawyer, 2011, v. 32 n. 5, p. 150-155 How to Cite?
AbstractCompares the two ways provided by the Companies Act 2006 s.260(2) by which a shareholder may bring a derivative action. Outlines the procedure under Pt 11, but focuses on the court's power to authorise the bringing of a derivative action pursuant to an unfair prejudice petition, by way of a remedy to give relief from the unfairly prejudicial conduct. Argues that there are inconsistencies between the two procedures, and proposes amendment of the Act. Discusses the Hong Kong Court of First Instance judgment in Re Shun Tak Holdings Ltd.
Persistent Identifierhttp://hdl.handle.net/10722/197204
ISSN

 

DC FieldValueLanguage
dc.contributor.authorYap, JLen_US
dc.date.accessioned2014-05-23T02:26:25Z-
dc.date.available2014-05-23T02:26:25Z-
dc.date.issued2011en_US
dc.identifier.citationCompany Lawyer, 2011, v. 32 n. 5, p. 150-155en_US
dc.identifier.issn0144-1027-
dc.identifier.urihttp://hdl.handle.net/10722/197204-
dc.description.abstractCompares the two ways provided by the Companies Act 2006 s.260(2) by which a shareholder may bring a derivative action. Outlines the procedure under Pt 11, but focuses on the court's power to authorise the bringing of a derivative action pursuant to an unfair prejudice petition, by way of a remedy to give relief from the unfairly prejudicial conduct. Argues that there are inconsistencies between the two procedures, and proposes amendment of the Act. Discusses the Hong Kong Court of First Instance judgment in Re Shun Tak Holdings Ltd.-
dc.languageengen_US
dc.publisherSweet & Maxwell Ltd. The Journal's web site is located at http://www.sweetandmaxwell.co.uk/details?prodid=7056&unitid=7056-
dc.relation.ispartofCompany Lawyeren_US
dc.subjectAuthorisation-
dc.subjectDerivative claims-
dc.subjectHong Kong-
dc.subjectMinority shareholders-
dc.subjectUnfairly prejudicial conduct-
dc.titleAuthorising Derivative Actions on Unfair Prejudice Petitionsen_US
dc.typeArticleen_US
dc.identifier.emailYap, JL: jilyap@hku.hken_US
dc.identifier.authorityYap, JL=rp01273en_US
dc.identifier.hkuros185579en_US
dc.identifier.volume32en_US
dc.identifier.issue5-
dc.identifier.spage150en_US
dc.identifier.epage155en_US
dc.publisher.placeUnited Kingdom-

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