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Can an advance discover bylaw require that legitimate discover be supplied by a registered shareholder solely? How strictly should a discover adjust to the type of discover prescribed within the advance discover bylaw? Can a shareholder depend on equities to override the phrases of such a bylaw? These particular questions haven’t been thought of in Canada but, however had been just lately determined by the Delaware Chancery Courtroom. The Courtroom discovered that the issuer had validly rejected a nomination discover from a useful shareholder
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