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Company Law: Spring Term Essay "Problems arise where those in effective control of a company use their power in such a way as either to benefit themselves, or cause a detriment to the minority shareholders. In the light of such a possibility, the law has intervened to offer protection to minority shareholders." Discuss. While the court is traditionally unwilling to review the internal administration of companies, there is clearly a call for the protection of minorities. There exists a common law remedy, the derivative action, and various statutory remedies available to the aggrieved shareholder. However, it is questionable as to whether these go far enough to protect the minority shareholder's interests. The law finds itself attempting to strike a balance between allowing the effective management of a company, whilst ensuring that the majority voting does not obliterate the significance of the minority shareholder. The directors of a company are in charge of...

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