The applicant, the largest shareholder of the respondent corporation, requisitioned a shareholders meeting to remove certain directors.
The board refused to call the meeting, citing the personal grievance exception under the Business Corporations Act.
The applicant sought a declaration that the requisition was valid.
The court found that the applicant's primary purpose was to redress a personal grievance rather than to address corporate policy or operations, as his actions were motivated by personal interests and a perceived lack of respect.
The application was dismissed.
