Avoidence of Transactions at Equity & Shares, Distributions & Solvency

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Tian

Last updated 11:15 PM on 6/18/26
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5 Terms

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Tianrui

Recession in equity makes a deal voidable at the company’s choice, company can either confirm or cancel.

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UNLESS

If the company is in liquidation, the liquidators decide whether to confirm or cancel the deal on the company's behalf. (ULTRAFRAME)

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4
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Fawcett

Beneficiary under will wanted his shares. The sole director refused unless he was allowed to buy half of them cheaply.
- Refusing to register share transfer for an improper reason breaches directorss’ duties.

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Modern Built Investments

court can fix - when shareholder should have been registered but wasn’t.