The court must refuse permission to continue a derivative action if
A) a person acting in accordance with s.172 would not seek to continue the claim
B) the act or omission in question has been authorised or ratified by the company
C) a or b
D) a and b
Correct Answer:
Verified
Q3: In cases of reflective loss, who is
Q4: What is meant by reflective loss?
A) that
Q5: Where a shareholder has suffered loss due
Q6: Who bears the costs of a derivative
Q7: Which of the following is not a
Q9: Who would be the appropriate party to
Q10: Derivative actions cannot be brought against
A) directors
B)
Q11: Where wrong doing directors (in a case
Q12: Where the directors have wronged the company,
Q13: What is a derivative action?
A) where a
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