conduct will be ‘unfairly prejudicial’.
than referring to the ‘reasonable bystander’, was more useful to examine the
factors which law actually takes into account in setting the standard.
was keeping promises and honouring agreements.
whether conduct in accordance with articles of association.
be found not to be unfairly
not intended to give rise to petitions under s459’.
upon which shareholders were associated.
those controlling company may entitle shareholder to say that in certain circumstances
it would be unfair for controllers to exercise power conferred by articles.
may give rise may be termed ‘legitimate expectation’.
cases as in cases of just and equitable winding-up.