22 Mar 2013
SLA nee S v. HKL
- Citation
- SLA nee S v. HKL
- Court
- Family Court
- Case number
- FCMC7500/2010
On the evidence and given the husband's non‑attendance and failure to rebut the s17(3) presumption, the court found the purported transfers were a sham in substance and that the husband remained the beneficial owner of the L&H shares; accordingly those shares are to be treated as part of the husband's assets and included in the matrimonial asset pool for ancillary relief, with valuation to be obtained for distribution purposes.