Can A Shareholder Sue On Behalf Of A Company?
Mondaq Business Briefing › Hong Kong Law Articles in English (2008)
Linked as:
Mondaq Business Briefing › Hong Kong Law Articles in English (2008)
Linked as:Extract
Can A Shareholder Sue On Behalf Of A Company?
As a general rule, shareholders cannot sue for wrongs done to
their company or complain of irregularities in the conduct of itsinternal affairs. However, minority shareholders are allowed underlimited circumstances to sue on behalf of the company by way ofderivative action. This article prov...See the full content of this document
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