Corporations Act 2001
CHAPTER 2F
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MEMBERS' RIGHTS AND REMEDIES
PART 2F.4
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PROCEEDINGS AGAINST A COMPANY BY MEMBERS AND OTHERS
SECTION 247E
247E
SHAREHOLDING DOES NOT PREVENT COMPENSATION CLAIM
A person is not prevented from obtaining damages or other compensation from a company only because the person:
(a) holds, or has held, shares in the company; or
(b) has subscribed for shares in the company; or
(c) has a right to be included in the register that the company maintains under section 169.
View history note
Hide history noteA person is not prevented from obtaining damages or other compensation from a company only because the person:
(a) holds, or has held, shares in the company; or
(b) has subscribed for shares in the company; or
(c) has a right to be included in the register that the company maintains under section 169.
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