| Source: | All England Reporter |
| Publisher Citation: | [2010] All ER (D) 193 (Jul) |
| Neutral Citation: | [2010] EWHC 1830 (Ch) |
| Court: | Chancery Division |
| Judge: | Newey J |
| Representation | Gabriel Buttimore (instructed by Teacher Stern LLP) for the petitioner. |
| Timothy Sisley (instructed by Magwells) for the respondent. | |
| Judgment Dates: | 19 July 2010 |
Catchwords
Company - Shares - Transfer - Petitioner and first respondent directors and shareholders of company - First respondent handling company accounts improperly - Petitioner resigning from company - Whether court should order purchase of petitioner's shares by first respondent - .
The Case
Company Shares. The Chancery Division held that where one of two directors of a company had been involved with improper transactions, it would be appropriate that the court order that he buy the shares of the other.
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