What is the effect of the court’s intervention in the affairs of a corporation?
Ontario, Canada
The following excerpt is from 1217174 Ontario Ltd. v. 141608 Canada Inc., 2017 ONSC 7698 (CanLII):
As Gillese J. (as she then was) stated in Stapleton v. Fleming Feed Mill Ltd., “[t]he court ought not to intervene in the affairs of a corporation lightly and when it does, surgery is to be by way of a scalpel, not a battle-axe” ([2001] O.T.C. 779 (S.C.), at para. 99).
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