Law

Explanation of Unfair Prejudice

Explanation of Unfair Prejudice

This article is mainly based on Unfair Prejudice. That means of unfairly prejudicial conduct’ as defined through the courts includes in Exclusion from management; Allotting shares in breach of pre emption privileges; Convening a meeting with the company for a date unreasonably to the distant future; Failure to repay proper dividends; Diverting business far from the company. The word “prejudice” will be wider and general compared to words unfairly prejudicial utilised in the English and Hawaiian sections. The circumstances through which this will apply are unable to therefore be categorized. The words unfairly prejudicial usually are general words and they should be used Flexibly to fulfil the circumstances of the specific case.