n Without Prejudice - Judicial valuation of shares : company law

Volume 12, Issue 8
  • ISSN : 1681-178X



It is trite that one of the most important considerations to be taken into account when becoming a minority shareholder in a closely held private company is that if the relationship between shareholders happens to break down, or if there is dissatisfaction with management, an aggrieved shareholder is very often "locked in." The shares in question are not publicly traded and he cannot, in many instances, readily exit the company by selling his shares as there is no market for them.

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