England and Wales Case Law

Devani v Sharon (Re Hermes House NW2 Ltd)

Devani v Sharon (Re Hermes House NW2 Ltd) [2026] EWHC 1037 (Ch) (05 May 2026)

The High Court rejected a claim that a shareholder was entitled to 50% of a company and found no binding agreement at a 2021 meeting.

• Beneficial ownership of shares
• Joint venture agreements
• Constructive trusts
• Share transfer obligations
• Beneficial-ownership-of-shares
• Joint-venture-agreements

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Mehul Devani v Amir Sharon

The High Court rejected a claim to 50% of shares in Hermes House NW2 Limited, finding no binding agreement at the 25 June 2021 meeting.

• Beneficial ownership of shares
• Joint venture agreements
• Declarations of trust
• Share transfer obligations
• Consideration in contract
• Intention to create legal relations

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