1 total
The court granted an oppression remedy and punitive damages following the respondents' bad faith conduct.
The applicant, Hoshang Bakhshi, sought relief under the oppression provisions of the Business Corporations Act, RSO 1990, c B.16, alleging oppressive conduct by the respondents.
The court found that the respondents failed to comply with a prior order to produce records and respond in a timely manner.
The court granted the application, awarding Bakhshi the return of his investment, a share of sale proceeds, punitive damages, and substantial indemnity costs, finding the respondents' conduct to be covert and in bad faith.
