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Review of contested corporate action. (a) General rule.--Upon application of any person aggrieved by any corporate action, the court may hear and determine the validity of the corporate action. (b) Powers and procedures.--By entering an appropriate order, the court may enforce the production of any books, papers and records of the corporation and other relevant evidence that may relate to the issue. The motion was denied on said motion for lack of merit. 7 management of the corporation by the board of directors, and the enactment of a resolution by the defendants, as members of the board of directors of the corporation, allowing the sale of the 823 which the courts could not interfere with.
Pages: 0
Publisher: East China University of Science and Technology Press (January 1, 2000)
ISBN: 7562833656
2003-2004 Supplement to The Law and Finance of Corporate Acquisitions (University Casebook Series) 2nd (second) edition
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