Section 994(1)

A member of a company may apply to the court by petition for an order under this Part on the ground— that the company's affairs are being or have been conducted in a manner that is unfairly prejudicial to the interests of members generally or of some part of its members (including at least himself), or that an actual or proposed act or omission of the company (including an act or omission on its behalf) is or would be so prejudicial.

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Source: legislation.gov.uk · retrieved 2026-09-04