The three sole members of a quasi-partnership company were also its directors. Two of them used their votes to remove the third from the board.
The directors had misapplied company property, thereby causing the company loss. Two members commenced proceedings to make the directors account for the misapplied property.
The directors of a company had improperly removed funds from the company. The company became insolvent. The claimant (a member and creditor of the company) argued that the directors’ conduct was unfairly prejudicial.
A director was removed from office because he was attempting to set up a rival company.
The defendant directors’ employment was terminated. The defendants sought permission to continue a derivative claim.
The defendant retired from the board and the claimant acted as de facto managing director. The defendant also increased the claimant’s share of the profits. The defendant later reassumed control of the company and reduced the claimant’s share of the profits.
The directors had engaged in a transaction at an undervalue and had misled the members. The members brought a personal action.
The claimant and three others were members and directors of a quasi-partnership company. Following an argument, the claimant was excluded from management by the others.
An employee of the company, who was also a member, was dismissed. He alleged that his dismissal was unfairly prejudicial.
The directors of a company had engaged in significant and serious acts of mismanagement.