This decision concerns a dispute over the rightful board of directors of Visionary Holdings Inc. and allegations of fraud and oppression.
The court determined that the Board of Directors as it existed on March 25, 2025, is the lawful board until further order.
The court also found a prima facie case of oppressive conduct and ordered the appointment of an inspector under the Business Corporations Act.
The court granted injunctive relief restraining Fan Zhou from participating in management and 3888 Investment Group Limited from altering the board pending investigation.
