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.

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Courts can dissolve a corporation in a proceeding brought by a shareholder if it is established that the acts of the directors are oppressive, even if not outright destructive, to the shareholder's interests. Oppressive actions that substantially interfere with the rights or interests of the shareholders can be grounds for such a legal action.

A Court May Not Dissolve a Corporation in a Proceeding