Publication
Ontario court denies director removal proposal under s. 99 of the OBCA
In OneMove Capital Corporation v. Dye & Durham Limited, 2024 the Ontario Superior Court of Justice considered, among other issues, whether OneMove Capital Corporation, a shareholder of Dye & Durham Limited (D&D or the company), could make a proposal under s. 99 of the Business Corporations Act (Ontario) (OBCA) to remove a director mid-term.