DR ROHIT KULKARNI v GWENT HOLDINGS LIMITED & Anor.
The court determined that neither the issue of rectification of the share register nor the issue of remediability of breaches under clause 7.1(d) were suitable for summary determination, as the defendants have a real prospect of success and the issues require findings of fact at trial.
- Parties
- Claimant: Dr Rohit Kulkarni; First Defendant: Gwent Holdings Limited; Second Defendant: St Joseph’s Independent Hospital Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 08 June 2022
- Procedural Posture
- Shareholder Dispute / Summary Judgment Application
- Outcome
- Application for summary judgment dismissed
- Legal Topics
- Shareholders' Agreements, Estoppel by Deed, Rectification of Register, Remediability of Breach, Summary Judgment
Case Brief
Summary, issues, holding and outcome
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Parties
Dr Rohit Kulkarni
Claimant
Gwent Holdings Limited
First Defendant
St Joseph’s Independent Hospital Limited
Second Defendant
Procedural Posture
Shareholder Dispute / Summary Judgment Application
Legal Issues
- 1 Whether the claimant is entitled to rectification of the register of members to show him as proprietor of 1,652 A shares as from 13 February 2020
- 2 Whether breaches of the shareholders' agreement by Gwent were 'capable of remedy' under clause 7.1(d) and trigger a deemed transfer notice
Ratio Decidendi
The court determined that neither the issue of rectification of the share register nor the issue of remediability of breaches under clause 7.1(d) were suitable for summary determination, as the defendants have a real prospect of success and the issues require findings of fact at trial.
Court Disposition
Application for summary judgment dismissed
Full Case Text
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