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This Supplement to the 7th Edition covers inter alia the following recent developments in the law.
Major Court of Appeal decisions in:
The Supreme Court’s pronouncements on issues such as:
Recent developments in the field of the unfair prejudice remedy, such as Re Blue Index Lt, where it was held, not following earlier authority, that in general it was not appropriate to apply a discount for minority shareholding when valuing shares under the unfair prejudice remedy, even in a non-quasi-partnership case
Recent developments and new statutory provisions in the field of the disclosure of beneficial ownership of shares, including The Small Business, Enterprise and Employment Act 2015, expected to come into force next year, under which every non-exempted company, large or small, quoted or private, will be required to keep what is called a “PSC register”, open to public inspection subject to a proper purpose limitation, of persons who control more than 25 per cent of the company, or control the board, or exercise significant influence or control