Case Study: Pure Nature Sydney Pty Ltd [2018] NSWSC 914

Running Head: CASE STUDY
Re Pure Nature Sydney Pty Ltd [2018] NSWSC 914
Name of the Student
Name of the University
Author’s Note

CASE STUDY1
LEGAL ISSUES:
The legal issue in the case is whether the plaintiff or defendant could buy the other party
out in situations where all the parties had been involved in oppressive conduct as defined by
sections 232 and 233 of the Corporations Act 2001 (Cth).
MATERIAL FACTS:
The plaintiff and the defendant are both the shareholders of the company. It has been
alleged by the parties against each other that one is engaged in oppressive acts against another.
Therefore, the suit has been brought by the parties seeking buy-out order under section 232 and
233 of the Corporations Act 2001 (Cth).
LEGAL PRINCIPLES:
Section 232 of the Corporations Act 2001 (Cth) lays down the provisions for the court to
order if the performance of the company’s affairs, the commission of an act or the proposed act
or omission of an act of the company, or a resolution that has been passed by a company or
proposed to be passed related to the matters of the officers or a class of officers of the company
resulting in contradictory heed of the members (not individually but as a whole), or oppressive,
unfair or discriminatory against any member in any capacity.