CTHIn ForceAct
Corporations Act 2001
247EShareholding does not prevent compensation claim
Start here
Get a plain-English read of 247E
Turn the raw legal text into a practical explanation grounded in Corporations Act 2001.
247E Shareholding does not prevent compensation claim
A person is not prevented from obtaining damages or other compensation from a company only because the person: (a) holds, or has held, shares in the company; or (b) has subscribed for shares in the company; or (c) has a right to be included in the register that the company maintains under section 169.
Chapter 2G—Meetings