Applying For Leave For A Statutory Derivative Action

If you are a shareholder in a company that does not bring proceedings when it ought to do so then consideration may need to be given to applying for leave to bring a statutory derivative action. 

We can advise you on: -

• who is eligible to apply for leave;
• the criteria you need to satisfy for leave;
• the consequences of the company ratifying a decision not to bring proceedings; 
• the evidence you need to address to bring an application for leave.

For more information on how to seek the leave of the court to bring a statutory derivative action contact us and book a conference to discuss your case. 

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