22 Mar 2006
ALL OVERSEAS LTD AND OTHERS v. BEST CODES NOMINEES LTD AND OTHERS
- Citation
- ALL OVERSEAS LTD AND OTHERS v. BEST CODES NOMINEES LTD AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV329/2005
The Court held that D4, even acting as proxy, failed to follow the proper procedure to requisition and convene the EGM (no requisition to the remaining director), and that registration is required to confer legal shareholder status so D4 could not have the shares registered without applying to the existing board; accordingly Questions 1 and 2 are answered in the negative, the EGM of 31 August 2002 is void and the purported appointments/removals are invalid; the judge below erred in refusing to determine those questions and the plaintiffs are entitled to declarations and injunctions sought (ot…