A court may not dissolve a corporation in a proceeding brought by a shareholder if it is only established that the acts of the directors are merely oppressive and not destructive.

Question

Quizplus · Accepted Answer

A court can dissolve a corporation if the acts of the directors are oppressive, even if they are not destructive, as oppressive acts can harm the interests of shareholders and the corporation.

A Court May Not Dissolve a Corporation in a Proceeding