What is the ratio in Re Yenidje Tobacco?

A court may order winding up on just and equitable grounds where there is complete breakdown between equal shareholders preventing business operation.

What did the court decide in Re Yenidje Tobacco?

The court ordered compulsory winding up due to the complete breakdown in relationship between the two equal shareholders.

Why is Re Yenidje Tobacco important for company law?

It established precedent for just and equitable winding up in deadlock situations and remains relevant for minority shareholder protection.

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