The appellants appealed a decision under the Business Corporations Act regarding a deadlocked dental corporation.
The application judge had found no oppression by the respondent and ordered the corporation to be wound up essentially in terms of the buyout provisions of a draft shareholders' agreement.
On appeal, the appellants argued the judge misapprehended evidence and failed to address the relief sought regarding the sale of shares.
The Divisional Court dismissed the appeal, finding the application judge's rulings were based on the evidence and constituted a reasonable exercise of discretion.
A motion to introduce fresh evidence was also dismissed.
