Application under CPR 3.4 and 24.2 for orders striking out or dismissing a petition under section 459 of the Companies Act 1985 because it discloses no grounds on which the petition has any real prospect of success. The petition alleges, as it has to in order to come within section 459, that the affairs of Grandactual Limited (‘the Company’) are being and have been conducted by the first to third respondents to the petition in a manner which has been unfairly prejudicial to the interests of the petitioners as shareholders.
Citations:
[2005] EWHC 1415 (Comm)
Links:
Statutes:
Jurisdiction:
England and Wales
Company
Updated: 21 July 2022; Ref: scu.279047