Oppressive share dilution

The recent Federal Court case of Sharif v Vitruvian Investments PL (No 3) [2023] FCA 920 (Vitruvian Investments) involved allegations of shareholder oppression by Mr Walid Sharif (Mr Sharif/Plaintiff) against Mr Jonathan Gregory (Mr Gregory/Second Defendant), the sole director of Vitruvian Investments Pty Ltd ACN 630 548 846 (Vitruvian/First Defendant).