31 Oct 2016
LKY v. YLP
- Citation
- LKY v. YLP
- Court
- Family Court
- Case number
- FCMC18284/2013
The application for a SJE to value S (the 'shell' or the husband's shareholdings) was refused because the wife had effectively shifted her case to seek valuation of the husband's shareholdings while the summons sought the shell; moreover S is an active company (not a shell) so a shell valuation is meaningless, and the application was made too late such that appointment and report preparation would prejudice the imminent trial and be impracticable.