R v International Stock Exchange, ex parte Else Ltd [1993]

  • 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…


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