20 Jul 1973
WIDE WORLD EXPORTS LTD v. HENRY VICTOR ARDY
- Citation
- WIDE WORLD EXPORTS LTD v. HENRY VICTOR ARDY
- Court
- Court of First Instance
- Case number
- HCA2835/1971
On the balance of probabilities the documents (three minutes, notice and regulations) were prepared and used by the defendant without Thornton's approval; the defendant did not act in good faith in drawing and appropriating company funds or in purporting to grant himself salary/bonuses; therefore defendant liable to repay specified sums; stay of execution refused though limited temporary delay and conditions were imposed; costs awarded to plaintiff and to be taxed on a common fund basis.