Commonwealth Numbered Acts

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Grounds for Court order

The Court may make an order under section 233 if:

the conduct of a company's affairs; or

an actual or proposed act or omission by or on behalf of a company; or

a resolution, or a proposed resolution, of members or a class of members of a company;

is either:

contrary to the interests of the members as a whole; or

oppressive to, unfairly prejudicial to, or unfairly discriminatory against, a member or members whether in that capacity or in any other capacity.

For the purposes of this Part, a person to whom a share in the company has been transmitted by will or by operation of law is taken to be a member of the company.

Note: For affairs , see section 53.

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