Aviva Plc v Litani LLC [2025] EWHC 3134 (Ch) (01 December 2025)
Litani's request, though commercial and involving a discounted offer, is not exploitative, oppressive, or positively harmful to Aviva's members. The offer is voluntary, transparent, and subject to regulatory oversight, with no evidence of coercion, fraud, or misleading conduct. The existence of Aviva's own dealing service does not render Litani's purpose improper. The statutory scheme does not allow the court to deny access merely because an alternative service exists or because the offer is less advantageous. Aviva has not discharged the burden of proving the request is not for a proper purpose. Accordingly, the court declines to make a no-access order and Aviva must comply with the...
- Citation
- [2025] EWHC 3134 (Ch)
- Parties
- Claimant: Aviva Plc; Defendant: Litani LLC
- Jurisdiction
- England and Wales
- Judgment Date
- 01 December 2025
- Procedural Posture
- Part 8 Claim (companies Act 2006, S.117) / Final Hearing of Application for No Access Order
- Outcome
- Application dismissed; no-access order refused.
- Legal Topics
- Register of Members, Proper Purpose Test, Disclosure of Shareholder Information, Section 116 119 Companies Act 2006, Mini Tender Offers
Case Brief
Summary, issues, holding and outcome
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Parties
Aviva Plc
Claimant
Litani LLC
Defendant
Procedural Posture
Part 8 Claim (companies Act 2006, S.117) / Final Hearing of Application for No Access Order
Legal Issues
- 1 Whether Litani LLC's request for Aviva's register of members is for a 'proper purpose' under s.116-117 Companies Act 2006
- 2 Whether Aviva should be directed not to comply with the request
Ratio Decidendi
Litani's request, though commercial and involving a discounted offer, is not exploitative, oppressive, or positively harmful to Aviva's members. The offer is voluntary, transparent, and subject to regulatory oversight, with no evidence of coercion, fraud, or misleading conduct. The existence of Aviva's own dealing service does not render Litani's purpose improper. The statutory scheme does not allow the court to deny access merely because an alternative service exists or because the offer is less advantageous. Aviva has not discharged the burden of proving the request is not for a proper purpose. Accordingly, the court declines to make a no-access order and Aviva must comply with the...
Court Disposition
Application dismissed; no-access order refused.
Orders
- Aviva Plc must comply with Litani LLC's request for a copy of the register of members forthwith.
- No order as to costs.
Full Case Text
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