Minority shareholders need more protection


There are no specific rules that define oppression but the test is really whether there is commercial unfairness in the treatment of a shareholder.

The textbook definition of minority oppression refers to unfair treatment or behaviour by a corporation, likely controlled by a majority shareholder(s) or director(s) of a company that disregards the minority shareholders.

In most cases, the acts carried out are in the best interest of the majority shareholder(s) or director(s) at the expense of minority shareholders.

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