A second means for protecting minority shareholders apart from the market mechanism is by granting them legal standing to litigate, not only in respect of wrongs done to them personally but also to certain roster the company itself. The first category of suit personal, individual or direct presents no great difficulty beyond that of characterisation of the cause of action is personal rather than corporate. However, the second standing in respect of wrongs done to the company raises greater difficulty, it places the rule that allocates to directors of corporate power to litigate the company. Why and when should a shareholder be determined to sue on the half the company to enforce its rights? One potential instances where the alleged wrongdoers are among the company's directors or senior managers introduce imposed upon directors and managers are to be more than merely aspirational, some alternative enforcement mentality needs to be found in view of directors natural reluctance to sue some of their number. Confining enforcement exclusively to the class potential defendants creates an incentive problem of no little order. Similarly, where the acts complained of others of the company's controllers and amount of fraud upon the minority, minority shareholder standing rights will be necessary if the substantive protection of minorities to be effective. Accordingly, the general law permitted shareholders to secure the protection of judicial oversight by suing on behalf of the company in some circumstances were wrongdoers effectively control the company's decision not to bring the suit itself. A statutory duty of action procedure has now been introduced to replace the general drew action, statutory procedure requires court approval prior to commencing legal action to the company.

In addition to the derivative and personal action procedures, other shareholder remedies have been granted by statute. Thus, compulsory liquidation remedies in the statutory oppression suit provide grounds relief under different criteria and be flexible remedies the conflict resolution within the company.