Corran v Butters and others

Company – Minority shareholder. The petitioner had been justifiably excluded from the management of the respondent companies by the individual respondents due to his having been an undischarged bankrupt, such that the exclusion had not been unfairly prejudicial. The Chancery Division further held that the individual respondents had acted in disregard of their duties as directors in two limited respects, which had been unfairly prejudicial and the payment by the fourth respondent of pension contributions to the individual respondents totalling £64,000 was ordered.

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