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Page 153

CHAPTER 13
MEETINGS

was then held, and the majority confirmed the action of the directors. Held, the ,company could be restrained by B. and the minority shareholders from acting upon a resolution which was a breach of the articles.
5. To restrain a company, which has power to do an act sanctioned by a special resolution, from doing that act by a resolution which was not properly passed. (19)

In all such cases, the action is brought by the member suing on behalf of himself and all other members of the company except the defendants. If the action is brought in the name of the company and a question arises as to the unauthorised use of the company's name, a meeting will be directed to be held to ascertain the wishes of the majority.
The rule, however, does not prevent a shareholder from using his voting power to his own advantage, if the majority have not acted ultra vires or abused their powers or deprived the minority of their rights.

" Unless otherwise provided for in the regulations of the company a shareholder is not debarred from voting or using his voting power to carry a resolution by the circumstance of his having a particular interest in the subject-matter of the vote. This is shown by the case .., of N. W. Transportation Co. v. Beatty.(20) In that case the resolution of a general meeting to purchase a vessel at the vendor's price was held to be valid notwithstanding that the vendor himself held the majority of the shares in the company, and the resolution was carried by his votes against the minority who complained."(21)

19 Per Romer, J., in Cotter v. National Union of Seamen, [1929] 2 Ch. 58, 69.
20 (1887), 12 App. Cas. 589.
21 Per Lord Davey, in Burland v. Earle, supra.

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where is HTML where is HEAD where is TITLE was then held, and what is majority confirmed what is action of what is directors. Held, what is ,company could be restrained by B. and what is minority shareholders from acting upon a resolution which was a breach of what is articles. 5. To restrain a company, which has power to do an act sanctioned by a special resolution, from doing that act by a resolution which was not properly passed. (19) In all such cases, what is action is brought by what is member suing on behalf of himself and all other members of what is company except what is defendants. If what is action is brought in what is name of what is company and a question arises as to what is unauthorised use of what is company's name, a meeting will be directed to be held to ascertain what is wishes of what is majority. what is rule, however, does not prevent a shareholder from using his voting power to his own advantage, if what is majority have not acted ultra vires or abused their powers or deprived what is minority of their rights. " Unless otherwise provided for in what is regulations of what is company a shareholder is not debarred from voting or using his voting power to carry a resolution by what is circumstance of his having a particular interest in what is subject-matter of what is vote. This is shown by what is case .., of N. W. Transportation Co. v. Beatty.(20) In that case what is resolution of a general meeting to purchase a vessel at what is vendor's price was held to be valid notwithstanding that what is vendor himself held what is majority of what is shares in what is company, and what is resolution was carried by his votes against what is minority who complained."(21) 19 Per Romer, J., in Cotter v. National Union of Seamen, [1929] 2 Ch. 58, 69. 20 (1887), 12 App. Cas. 589. 21 Per Lord Davey, in Burland v. Earle, supra. where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 153 where is strong CHAPTER 13 MEETINGS where is p align="justify" was then held, and what is majority confirmed the action of what is directors. Held, what is ,company could be restrained by B. and what is minority shareholders from acting upon a resolution which was a breach of what is articles. 5. To restrain a company, which has power to do an act sanctioned by a special resolution, from doing that act by a resolution which was not properly passed. (19) In all such cases, what is action is brought by what is member suing on behalf of himself and all other members of what is company except the defendants. If what is action is brought in what is name of what is company and a question arises as to what is unauthorised use of what is company's name, a meeting will be directed to be held to ascertain what is wishes of what is majority. what is rule, however, does not prevent a shareholder from using his voting power to his own advantage, if what is majority have not acted ultra vires or abused their powers or deprived what is minority of their rights. " Unless otherwise provided for in what is regulations of what is company a shareholder is not debarred from voting or using his voting power to carry a resolution by what is circumstance of his having a particular interest in what is subject-matter of what is vote. This is shown by what is case .., of N. W. Transportation Co. v. Beatty.(20) In that case what is resolution of a general meeting to purchase a vessel at what is vendor's price was held to be valid notwithstanding that what is vendor himself held what is majority of what is shares in the company, and what is resolution was carried by his votes against the minority who complained."(21) 19 Per Romer, J., in Cotter v. National Union of Seamen, [1929] 2 Ch. 58, 69. 20 (1887), 12 App. Cas. 589. 21 Per Lord Davey, in Burland v. Earle, supra. where is Server.Execute("_SiteMap.asp") %

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