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Benchmark
A daily Bulletin listing our choice of Decisions of Superior Courts of Australia.
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Banking
Thursday, 11 December 2014
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| Executive Summary (One Minute Read) |
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| Whyalla Electrical Discounters Pty Ltd v Narta International Pty Ltd (SASC) - corporations - injunction restraining company from conducting special general meeting refused |
| Summaries With Link (Five Minute Read) |
Whyalla Electrical Discounters Pty Ltd v Narta International Pty Ltd [2014] SASC 186
Supreme Court of South Australia
Parker J
Corporations - injunction - plaintiff was member of defendant company - plaintiff sought interlocutory injunction restraining company from conducting a special general meeting called with a view to considering proposed special resolution by company's board to expel plaintiff from membership due to alleged breaches of company's code of conduct - balance of convenience - held: plaintiff's case that there had been a denial of procedural fairness amounting to oppressive or unfairly prejudicial conduct within the meaning of s232 Corporations Act 2001 (Cth) not sufficiently strong to grant an interlocutory injunction - application dismissed.
Whyalla Electrical Discounters Pty Ltd |
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