Examlex
A grandfather clause is a
Shareholder Domination
A situation where a single shareholder or a group of shareholders exercise significant influence or control over the operations of a corporation.
Individual Shareholder
An individual who owns shares in a company, thereby holding a portion of the ownership.
Corporation Act
refers to legislation that governs the formation, operation, and dissolution of corporations.
Foreign Corporation
A company that is incorporated in one country but does business in another under the laws of the latter.
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