9,075
edits
Difference between revisions of "10 Changes in the New Societies Act You Should Know About"
Jump to navigation
Jump to search
10 Changes in the New Societies Act You Should Know About (view source)
Revision as of 05:36, 1 December 2016
, 05:36, 1 December 2016→Members have more remedies
Drew Jackson (talk | contribs) |
Drew Jackson (talk | contribs) |
||
| Line 68: | Line 68: | ||
==Members have more remedies== | ==Members have more remedies== | ||
Under the new Act, members are able to apply to court for a remedy if the society’s activities are oppressive or unfairly prejudicial to one or more members. In applying for such an '''oppression remedy''', a member will need to show they had a reasonable expectation to be treated in a certain way. They will also need to show that the | Under the new Act, members are able to apply to court for a remedy if the society’s activities are oppressive or unfairly prejudicial to one or more members. In applying for such an '''oppression remedy''', a member will need to show they had a reasonable expectation to be treated in a certain way. They will also need to show that the society's conduct was burdensome, harsh and wrongful, or had an unjust and inequitable effect on them. | ||
If a | If a member's oppression claim succeeds, the court has wide discretion to make things right, including by directing or prohibiting any act, removing or appointing a director, varying a transaction or a resolution, directing compensation, or appointing an investigator. | ||
Also under the new Act, members may bring a '''derivative action'''. In such an action, a member can enforce rights of the society when the directors refuse to act. | Also under the new Act, members may bring a '''derivative action'''. In such an action, a member can enforce rights of the society when the directors refuse to act. | ||