Blunt v Jackson & Ors

Blunt v Jackson & Ors

Mr Blunt was a shareholder entitled to 50 of 100 shares based on agreement and conduct; exclusion from management constituted unfair prejudice under s.994 Companies Act 2006.

Parties
Petitioner: Mr Nigel Blunt; 1st Respondent: Ms Beverley Jackson; 2nd Respondent: Mr Ian Jackson; 3rd Respondent: I Fit Global Limited
Jurisdiction
England and Wales
Judgment Date
17 July 2013
Procedural Posture
Unfair Prejudice Petition / Trial of Preliminary Issues
Outcome
Declaration that Mr Blunt was a shareholder holding 50 of 100 shares; finding of unfair prejudice; permission to seek rectification of the register; further directions to be heard.
Legal Topics
Shareholder Rights, Unfair Prejudice, Rectification of Register, Quasi Partnership, Director Exclusion
Company Law Shareholder Rights Unfair Prejudice Rectification of Register Quasi Partnership Director Exclusion

Case Brief

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Parties

Mr Nigel Blunt

Petitioner

Ms Beverley Jackson

1st Respondent

Mr Ian Jackson

2nd Respondent

I Fit Global Limited

3rd Respondent

Procedural Posture

Unfair Prejudice Petition / Trial of Preliminary Issues

Legal Issues

  1. 1 Whether Mr Blunt was or ever was a shareholder in the Company
  2. 2 Whether the matters complained of in the Petition are grounds for an order under s.994 Companies Act 2006 (unfair prejudice)

Ratio Decidendi

Mr Blunt was a shareholder entitled to 50 of 100 shares based on agreement and conduct; exclusion from management constituted unfair prejudice under s.994 Companies Act 2006.

Court Disposition

Declaration that Mr Blunt was a shareholder holding 50 of 100 shares; finding of unfair prejudice; permission to seek rectification of the register; further directions to be heard.

Orders

  • Declaration of shareholding
  • Permission to seek rectification of register