Majority shareholder yes... They most likely started the business and have control over who the directors are and how they want the business to run...
Printed copy · Anthology Volume 1, page 463 · cut by a page breakPrinted copy from The Tender For Law Anthology, Volume 1, page 463 (printed 14 June 2014). Added by this site; not part of the Facebook export. A page break in the printout cut off the beginning of this comment, with its name.