BRITISH VIRGIN ISLANDS - Mossack Fonseca & Co.

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(b) that the company shall not bear any of the costs.
184E. The Court may, at any time after granting a member leave under section
184C, make any order it considers appropriate in relation to proceedings
brought by the member or in which the member intervenes, including
(a) an order authorising the member or any other person to control
the proceedings;
(b) an order giving directions for the conduct of the proceedings;
(c) an order that the company or its directors provide information
or assistance in relation to the proceedings; and
(d) an order directing that any amount ordered to be paid by a
defendant in the proceedings must be paid in whole or in part
to former and present members of the company instead of to
the company.
184F. No proceedings brought by a member or in which a member intervenes
with the leave of the Court under section 184C may be settled or
compromised or discontinued without the approval of the Court.
184G. A member of a company may bring an action against the company for
breach of a duty owed by the company to him as a member.
184H. Where a member of a company brings proceedings against the company
and other members have the same or substantially the same interest in
relation to the proceedings, the Court may appoint that member to
represent all or some of the members having the same interest and may,
for that purpose, make such order as it thinks fit, including an order
(a) as to the control and conduct of the proceedings;
(b) as to the costs of the proceedings; and
(c) directing the distribution of any amount ordered to be paid by a
defendant in the proceedings among the members represented.
184I. (1) A member of a company who considers that the affairs of the
company have been, are being or are likely to be, conducted in a manner
that is, or any act or acts of the company have been, or are, likely to be
oppressive, unfairly discriminatory, or unfairly prejudicial to him in that
capacity, may apply to the Court for an order under this section.
(2) If, on an application under this section, the Court considers that it is
AE/ET/Pub./bg/03.2007
Powers of
Court when
leave granted
under section
184C.
Compromise,
settlement or
withdrawal of
derivative action.
Personal actions
by members.
Representative
actions.
Prejudiced
members.