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The relationship between the Reflective Loss Principle and Section 163 (2)(j) of the Companies Act: Demystifying the current position and proposing a balanced path forward
A shareholder may not institute a claim for the recovery of a loss suffered, in the form of a diminution in the company's share value, where the diminution is a consequence of loss suffered by the shareholder's company. This is due to the operation of the reflective loss principle, which holds that...
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| Language: | English |
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Department of Commercial Law
2023
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