Deadlock? Wind up

Is Deadlock Between the Directors and/or Shareholders a Sufficient ...

In Re Garnets Mining Co Ltd eKLR the Court held as follows: “So a summary of the way to approach the issue of whether or not to wind up a ...

Deadlock in 50-50 owned companies | kindrik.co.nz

Winding up: Sometimes shareholders' agreements include a mechanism that ultimately provides for the company to be wound up if a shareholder dispute cannot be ...

BUSINESS ORGANIZATIONS CODE CHAPTER 11. WINDING UP ...

(7) "Voluntary winding up" means winding up as a result of a voluntary decision to wind up. ... deadlock, and irreparable injury to the entity is being suffered ...

Deadlock? Wind up - The Economic Times

If the National Company Law Tribunal says there is a deadlock in management, a loss of substratum of the company or it is 'just and ...

TGIF 5 March 2021 – Deficient deadlock : wind up on just and ...

This week's TGIF considers an application to wind up a company on just and equitable grounds. The Court declined to make the order, ...

Director Deadlock: Effective Authority in Winding Up Petitions

The court held that a deadlock between the directors precluded effective authority and that, unless the company's Articles of Association ...

Winding-up a company as a means of resolving a shareholder dispute

The Privy Council examined the relationship between the jurisdiction to wind a company up because of an irretrievable deadlock in its management, and the rules ...

Deadlock revisited in Chu v Lau: Winding-up on the Just and ...

The jurisdiction to wind up a British Virgin Islands (BVI) company on the just and equitable ground is well.

Deadlock and termination Q&A: Singapore - Allen & Gledhill

If there is an unresolved dispute resulting in deadlock, a shareholder can also apply to the court to wind up the company. If the court is of the opinion that ...

The Deadlock Principle as a Ground for the Just and Equitable ...

The Deadlock Principle as a Ground for the Just and Equitable Winding Up of a Solvent Company: ThunderCats Investments 92 (Pty) Ltd v Nkonjane ...

Navigating Company Management Deadlocks - No borders

In the absence of appropriate deadlock resolution provisions contained in a shareholder agreement, a party can apply to have the company wound up by a court in ...

Avoiding the deadlock - Stephens Scown

It is fairly common for companies to end up in a situation known as deadlock, whether this is at board or shareholder level.

Deadlock: if directors and shareholders fail to agree, what can be ...

Deadlock is the ground pleaded. The petitioner asks the court to wind the company up as, having explored alternatives, it is clear that the ...

Company deadlock - making the right move - George Green Solicitors

Mr Taylor sought a “just and equitable” winding up order under the Insolvency Act 1986 on the basis that the Company was deadlocked and there ...

Shareholder Disputes | Avoiding Expense and Deadlock in ...

The Details of this shareholder dispute – where winding-up can result if shareholders are too busy with fighting each other. Court proceedings ...

Deadlock – Delaware Docket

This case involves the unfriendly winding up of a two-member Delaware limited liability company (the “LLC”). One of the issues raised in this case was whether “ ...

what is the position when there is a dispute between shareholders ...

... deadlock, it may be that the only viable course of action would be to wind up the company. For information on members' voluntary liquidations and the steps ...

Winding Up To Unlock Deadlock: A Cautionary Tale

“It was abundantly clear – and this was an observation made by the Judge too at [86] of his decision – that applying the principles in Ting Shwu ...

UNPICKING DEADLOCKED COMPANIES

Deadlock between shareholders has been considered a just and equitable basis for winding up a company for over a 100 years. But it was not entirely clear what ...

Shareholders in Deadlock - Holman Webb Lawyers

Having heard evidence from the parties, the Court considered it had no alternative but to wind up the company and made an order that a ...