Question: Derivative actions - under s165, this is counter intuitive. Its harm done to the company but its the shareholders whose been able to sue in
Derivative actions - under s165, this is counter intuitive. Its harm done to the company but its the shareholders whose been able to sue in name of and behalf of the company because the normal people to sue are the directors. But sometimes as the directors revault? at fault? and therefore its appropriate for a shareholder to become a minority shareholder bec the majority can get rid of directors to apply to the court and say i want to represent the company in this action. Hence why derivative action derived from the shareholders. meaning
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