Frequently Asked Questions

What rights does a minority shareholder have in Ontario?

A minority shareholder is not without remedies simply because they lack voting control. Depending on the facts, a minority shareholder may seek oppression relief under OBCA s. 248, bring or seek leave for a derivative action under s. 246, apply to rectify the corporation’s registers or records under s. 250, or seek a compliance order under s. 253; negotiated rights in the articles, by-laws, or a unanimous shareholder agreement may also materially strengthen the claim

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Frequently Asked Questions

What rights does a minority shareholder have in Ontario?

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