CORPORATIONS ACT 2001 - SECT 247E Shareholding does not prevent compensation claim

CORPORATIONS ACT 2001 - SECT 247E

    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.

Note:   Section   1228 applies instead of this Part   in relation to a CCIV.