If a minority shareholder feels that the actions of the majority shareholders are unfairly prejudicial on their position, then that minority shareholder may then bring a petition under s. 994 of the Companies Act 2006 (“s.994”).
What is Business Property Relief and how might it benefit your estate? Call 0800 652 8025 for a free initial consultation and IHT advice. Award winning national firm in Birmingham, Bristol, Cardiff, London, Manchester, Southampton & Taunton.
Family business solicitors and specialists in creating a bespoke family business agreement to protect your family’s business and wealth. Call 0800 652 8025. Offices in Birmingham, Bristol, Cardiff, London, Manchester, Southampton & Taunton