The appellants appealed a decision finding them liable for corporate oppression, removing them as directors, and ordering audited financial statements.
They challenged the application judge's refusal to order a winding up of the corporation and the award of substantial indemnity costs.
They also sought to raise a new limitation period defence regarding the financial statements.
The Divisional Court dismissed the appeal, finding no error in the discretionary refusal to wind up the company or the costs award, and declined to hear the new limitation period argument due to an inadequate evidentiary record.
