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no matter how great your business idea is a shareholder dispute can destroy an otherwise viable company the best way to avoid such a dispute is to have a robust shareholder agreement right from the beginning so that all the shareholders are on the same page generally speaking the shareholder agreement should try to achieve two main things first the shareholder agreement should clearly set out the contribution expected of each shareholder and second a shareholder agreement should contain a mechanism so that in the event of a major shareholding dispute it will allow one shareholder to buy another shareholder a fair market value unfortunately in our experience we often find that parties dont have a shareholder agreement in place or if there is a shareholder agreement usually that agreement doesnt contain a mechanism to resolve a shareholder deadlock in such a scenario a minority shareholder can use section 174 of the companies act to apply to the court for relief due to oppression by a