Fraud on the Minority

Fraud on the minority in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of fraud on the minority.

Resources

See Also

• Law Enforcement Officer
• Police Work
• Law Enforcement Agency

Further Reading

• fraud on the minority in A Dictionary of Law Enforcement (Oxford University Press)
• fraud on the minority in the Encyclopedia of Law Enforcement
• A Treatise on the Police of the Metropolis

English Legal System: Fraud On The Minority

In the context of the English law, A Dictionary of Law provides the following legal concept of Fraud On The Minority : An improper exercise of voting power by the majority of members of a company. It consists of a failure to cast votes for the benefit of the company as a whole and makes a resolution voidable. Examples are the ratification of an expropriation of company property by the directors (themselves the majority shareholders) and alteration of the articles of association to allow the compulsory purchase of members’ shares when this is not in the company’s interests. Actual or threatened fraud on the minority may give rise to a *derivative action.