Trilogy Management v YT and Others
Trilogy Management v YT and Others [2012] JCA 152 (22 August 2012)
The Court of Appeal held that Article 96 required distributions only from profits of the year as determined by the accounting basis used for that year. For 2005, JY made a loss, so no mandatory dividend arose.
- Interpretation of articles of association
- Mandatory dividend provisions
- Accounting standards in company law
- Charitable trusts
- Company-law
- Articles-of-association