Where a company is not being managed properly, shareholders can commence legal action against a company if they can establish that there has been 'oppressive conduct'.The meaning of oppressive conduct does not encompass conduct that is contrary to the interests of:

Question

Quizplus · Accepted Answer

The options A, B, and C are all related to the interests of the members and shareholders, while option D is related to the interests of the public. Oppressive conduct includes activities that are harmful or prejudicial to the interests of members or shareholders, but it does not extend to the interests of the public. Therefore, option D is the correct answer.

Where a Company Is Not Being Managed Properly, Shareholders Can