Jersey Law Reports

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URL: http://www.bailii.org/je/cases/JLR/1997/JLR970313.html
Cite as: [1997] JLR 313

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Khan v Leisure Enterprises 1997 JLR 313 (18 December 1997)

Companies-legal proceedings-action in respect of corporate wrong-rule in Foss v. Harbottle-company only proper plaintiff in action to redress corporate wrong unless defendants control company-minority shareholders bringing derivative action may only obtain relief available to company itself-may not complain of acts authorized by majority shareholders unless fraudulent or beyond power of company

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