What is an example of feminist theory?
Feminist theorists attempt to reclaim and redefine women through re-structuring language. For example, feminist theorists have used the term “womyn” instead of “women”. Some feminist theorists find solace in changing titles of unisex jobs (for example, police officer versus policeman or mail carrier versus mailman).
Can a minority shareholder call a meeting?
A general meeting can be called by shareholders provided they make up five per cent of the voting rights of the company. This means that in some circumstances minority shareholders can call such a meeting without the backing of the company board, or the other shareholders, to make themselves heard.
Can you sue for oppression?
An Oppression Case Can Get You More Than Just Monetary Damages. A business dispute with your co-owner can often be resolved in litigation. In most cases, the business partner (often a majority owner, or at least a 50/50 owner) took excess funds from the company.
What information are minority shareholders entitled to?
Right to vote on major decisions and election of directors; Right to participate in meetings; Right to receive dividends; and. Right to inspect company records that are relevant to the shareholder’s interests.
What is oppression law?
(e) 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.
What are shareholder remedies?
In certain circumstances, the law gives shareholders of a company the right to ‘remedies’ – legal actions they can take as shareholders – if they are in dispute with the company and its directors, or if they think that their rights as members are being compromised.
What remedies are open to a minority shareholder who feels she has been treated unfairly?
The court can hand down many remedies under the Act, including:
- winding the company up;
- restraining a person from doing a specified act;
- requiring a person do a specified act;
Can you force a minority shareholder to sell?
Can you force a sale of the shares? There is no automatic right for the majority shareholders to force a sale by a minority shareholder. Conversely, there is no automatic right for a minority shareholder to force the majority to buy their shareholding.
How do I get rid of a minority shareholder?
How Can Majority Remove Minority Shareholders?
- Encouraging or forcing a share buyout at a discount price;
- Diluting the holder’s stock shares;
- Restricting the shareholder’s access to corporate records, financial information, or key business records;
- Discontinuing distributions to minority holders; and.
What’s an example of oppression?
For example, a parent who locks a child in the closet could be said to be oppressing that child. Slavery, the refusal to allow women to inherit and own property, the denial of equal rights to people with disabilities, and the involuntary commitment of people who deviate from social norms are all examples of oppression.
Can a minority shareholder wind up a company?
Sometimes called the nuclear option, a minority shareholder has the right to ask the court to wind up the company and bring it to an end. Such a significant step is usually taken only when shareholders are at deadlock and their differences can no longer be reconciled. It is akin to a ‘commercial divorce’.