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Gambotto v WCP Ltd (1955)

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Written Assignment:  Identify the facts of thecase  Explain the relevant law relating to the case  Discuss the legal arguments raised by the parties in the case  Summarise the judgment of the case.  illustration the role, purpose, and scope of the case in today’sCorporations Law....

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Question Preview:

Written Assignment:  Identify the facts of thecase  Explain the relevant law relating to the case  Discuss the legal arguments raised by the parties in the case  Summarise the judgment of the case.  illustration the role, purpose, and scope of the case in today’sCorporations Law.

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Introduction

This was a landmark case for the minority shareholder for their rights in the industry. This was for the rights of the people being associated with the company. It is important to have a fair idea about the case in order to understand the relevance and the major issues which were focused and the trail was conducted on what basis. It hence incorporated the right and power to the minority community to have greater strength in the shareholder community. All the necessary alterations were taken and hence was done in order to have a better right for the citizens investing in any organization. The case was held between Gambotto v WCP Limited 1955. This case is important because it is majorly related to the rights of shareholders in minority group, about the major sights and issues for the minorities and their rights and then most importantly the need for amendments in the constitution which can enable the minorities to enjoy the equal rights.

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