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Australia oppression remedyshareholder remedies

Australia decision of Cao v Apollo Phoenix Resources Pty Ltd

Cao v Apollo Phoenix Resources Pty Ltd [2018] FCA 1445; (2018) 130 ACSR 602
JurisdictionAustralia
CourtFederal Court of Australia
Year2018
StatusPersuasive authority

Key Principle

Conduct of a company's affairs that is oppressive, unfairly prejudicial to, or unfairly discriminatory against a member (here a minority shareholder and director excluded from management) engages the oppression remedy under ss 232-233 of the Corporations Act, empowering the Court to grant tailored relief including reinstatement or a buy-out.

Area of Law

General

Related Cases

Hopper & Anor v State of Victoria [2026] HCA 11
Wright Prospecting Pty Ltd v Hancock Prospecting Pty Ltd & Ors [2026] WASC 101
City of Parramatta Council v Transport for NSW [2026] NSWSC 294

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