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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

Any breach of duties by directorscould leadto claims being brought against them by way of a derivative action

that possibility , or any likelihood that the applicant is seeking to avoid such liability through taking up the cause of action belonging to the companyshould resultin a disentitlement in relation to the application to take derivative action

an orderpreventsplaintiffs from instituting a derivative action based on the same claim

GCR ’ ) , would actto preventa plaintiff from bringing a derivative action

the tolling agreementsmight have preventedthe appellants from being able to proceed with a derivative action

to which Plaintiff - Petitioner was not a partycreatinga purely derivative cause of action

The principle that disinterested directorsmay preventpursuit of a claim of the corporation in a stockholder derivative action

This studycontributesto the subject of derivative action

the inequitiesresultingfrom such situations by a stockholder derivative action

that the proposed claim failsto ... setforth the merits of such a derivative claim

forth with particularity their efforts to secure the initiation of such action by the board or the reasons for not making such effortmust setforth with particularity their efforts to secure the initiation of such action by the board or the reasons for not making such effort

the Company serious and irreversible damagewill ... causethe Company serious and irreversible damage

in the insurer paying back the excess compensation to the corporation on behalf of the directorswould resultin the insurer paying back the excess compensation to the corporation on behalf of the directors

these violationsto preventthese violations

out in ss 181A to 181E of the Companies Act 1965setout in ss 181A to 181E of the Companies Act 1965

out in s. 263(2are setout in s. 263(2

appliesis createdapplies

the trial court to throw out the case and the Third District Court of Appeal to uphold that decisionledthe trial court to throw out the case and the Third District Court of Appeal to uphold that decision

from the “ loss of consortium , loss of services and companionship of her husbandresultedfrom the “ loss of consortium , loss of services and companionship of her husband

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Smart Reasoning:

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