PRESS RELEASE 42 (25/01/2013)
Yesterday an initial hearing in the High Court took place on a challenge by the directors of Red Rock Resources Plc to a request for a copy of their share register by Gary Carp, a shareholder in the company.
Since the 2006 Companies Act was introduced, any person requesting a copy of the share register of a company must have a “proper purpose”. This was designed to frustrate those who wanted to harass shareholders (such as animal rights ...