- Created by: channyx
- Created on: 20-03-20 22:57
Council Directive 79/279 on access to stock exchange listings is intended to harmonise listing practices throughout the Community, and not to provide protection for shareholders; thus a shareholder has no right of action under the directive to apply to the court when a company has its shares removed from the official listing.
S, shareholders in a company, applied for judicial review of the stock-exchange decision to stop listing the company's shares. The…