Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 214

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 214
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 acting by its directors, without a resolution of its members or
an express power in its articles of association. On hearing such a petition, the Cayman Islands court may, among other things, make an
order appointing a restructuring officer or make any other order as the court thinks fit.

Shareholders’ Suits.In
principle, we will normally be the proper plaintiff and as a general rule a derivative action may not be brought by a minority shareholder.
However, based on English authorities, which would in all likelihood be of persuasive authority in the Cayman Islands, the Cayman Islands
courts can be expected to follow and apply the common law principles (namely the rule in Foss v. Harbottle and the exceptions
thereto) so that a non-controlling shareholder may be permitted to commence a class action against or derivative actions in the name
of the company to challenge actions where:

| ● | a                                                                                       
 company is acting, or proposing to act, illegally or beyond the scope of its authority; |

| ● | the                                                                                        
 act complained of, although not beyond the scope of the authority, could only be effected  
 duly if authorized by more than the number of votes which have actually been obtained; and |

| ● | those                                                               
 who control the company are perpetrating a “fraud on the minority.” |

A shareholder may have a
direct right of action against us where the individual rights of that shareholder have been infringed or are about to be infringed.

Indemnification of Directors and Executive Officers and Limitation of Liability.Cayman Islands law does not limit the extent to which a company’s
memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision
may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against civil fraud or the
consequences of committing a crime. The Amended Articles provide that that we shall indemnify our directors, secretaries and officers,
and their personal representatives, against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred
or sustained by such persons, other than by reason of such person’s dishonesty, wilful default or fraud, in or about the conduct
of our company’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of his
duties, powers, authorities or discretions, including without prejudice to the generality of