Ordered that the order is reversed, on the law, with costs, and the matter is remitted to the Supreme Court, Kings County, for further proceedings in accordance herewith.
Since limitations on the right to vote were not mentioned in the certificate of incorporation, each of the shareholders had an equal voting share in Topiclear Beauty Products, Inc., and Ultraclear Beauty Products, Inc. (see, Business Corporation Law § 612 [a]). However, since the record...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
