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Practical commentary on the legal developments that affect businesses and individuals in Cyprus.
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Company & Corporate Law
Many times I get asked the question, usually from minority shareholders, what are my rights as a shareholder? There is a simple answer and a more complicated one. In this article I will list the basic rights of a shareholder, usually referred to as personal rights, in a private limited company. Right to be on… Read More
Company & Corporate Law
It is a general principle of company law that an individual shareholder cannot sue for wrongs done to a company or complain of any internal irregularities. This principle is widely known as the rule in Foss v Harbottle. The rule in Foss v Harbottle In Foss v Harbottle (1842), two shareholders commenced legal action against the… Read More
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