Page 62 - Q&A
P. 62
This right of appraisal allows a minority dissenting shareholder that is negatively
affected by the decision of the majority, to protect his investment and at least
obtain fair value for his shares. But for this remedy to be used the dissenting
shareholder must adhere to the strict timeframes and actions as required by
Section 164.
Accordingly, we would advise that you contact your attorney without delay to
help you comply with the necessary procedures under Section 164.
Commercial
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