Personal rights of the shareholder (Company Law)
Not unnaturally given the complexity of the area the CLRSG gave considerable time to the
issue of rights in the articles over the course of its deliberations. In Developing the
Framework (March 2000) they considered that the present position does nothing to resolve
the critical question of what rights are personal to the shareholder (see paras 4.724.99).
Dignam and Lowry, Company Law, Eighth Edition, Oxford University Press, at 8.36
In the context of the above statement, relevant statutory provisions and case law,
critically analyse what rights constitute personal rights. Do you consider the law to
be sufficiently clear in this regard?
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