Hearings
England & Wales
12 Feb 1945 [1945] Ch 220, Ch D
In Re Evertite Locknuts Ltd
Subject Matter
COMPANY — Acquisition by one company of shares in another — Approval by holders of shares exceeding nine-tenths of capital value — Objection by dissenting shareholder — Right of transferee company to acquire shares — Onus of proof that scheme is unfair or agreed price inadequate — Companies Act, 1929 (19 & 20 Geo. 5, c. 23), s. 155.