Zahir Aziz v B & S Partnership Limited & Ors.
The court found that Mr Aziz voluntarily transferred his share to Bhandari & Co in 2009, did not contribute to the purchase of Lord House, and was not entitled to rectification of the register or damages. The claims were in any event time-barred, and there was no breach of fiduciary duty, unlawful interference, or conspiracy. The evidence did not support Mr Aziz's account, and the court exercised its discretion to refuse relief due to delay and lack of merit.
- Parties
- Claimant: Zahir Aziz; First Defendant: B & S Partnership Limited; Second Defendant: Riaz Ahmad; Third Defendant: Mohammed Amir Salim; Fourth Defendant: Bhandari and Co Ltd; Fifth Defendant: Sanita Bhandari
- Jurisdiction
- England and Wales
- Judgment Date
- 23 March 2023
- Procedural Posture
- Civil (company Law) / Judgment After Trial
- Outcome
- Claim dismissed in its entirety
- Legal Topics
- Rectification of Register of Members, Breach of Fiduciary Duty, Unlawful Means Conspiracy, Limitation of Actions, Share Transfers, Pre Emption Rights
Case Brief
Summary, issues, holding and outcome
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Parties
Zahir Aziz
Claimant
B & S Partnership Limited
First Defendant
Riaz Ahmad
Second Defendant
Mohammed Amir Salim
Third Defendant
Bhandari and Co Ltd
Fourth Defendant
Sanita Bhandari
Fifth Defendant
Procedural Posture
Civil (company Law) / Judgment After Trial
Legal Issues
- 1 Whether the transfer of the claimant's share in B & S Partnership Ltd in 2009 was proper and voluntary
- 2 Whether the claimant is entitled to rectification of the register of members under section 125 Companies Act 2006
- 3 Whether claims for damages for breach of fiduciary duty, unlawful interference, and conspiracy to injure are made out
Ratio Decidendi
The court found that Mr Aziz voluntarily transferred his share to Bhandari & Co in 2009, did not contribute to the purchase of Lord House, and was not entitled to rectification of the register or damages. The claims were in any event time-barred, and there was no breach of fiduciary duty, unlawful interference, or conspiracy. The evidence did not support Mr Aziz's account, and the court exercised its discretion to refuse relief due to delay and lack of merit.
Court Disposition
Claim dismissed in its entirety
Full Case Text
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