Rwanda Case Law

KAKOZA v NYAGATARE

Court

Supreme Court

Case number

RCOMAA 00056/14/CS

Registration in the company’s share register, not full payment for shares, determines shareholder status. There is no legal basis for a shareholder to unilaterally expel another shareholder; such action must follow procedures set by law or company articles. Kakoza’s expulsion of Nyagatare was unlawful, and Nyagatare retains his shareholder rights.

Source excerpt

• Shareholder rights
• Company membership
• Expulsion of shareholders
• Payment for shares
• Corporate governance

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KAKOZA v NYAGATARE

Court

Supreme Court

Case number

RCOMAA 00056/14/CS

The Supreme Court held that shareholder status depends on registration in the company register, not full payment of shares, and that one shareholder could not expel another unilaterally.

• Shareholding rights
• Expulsion of shareholders
• Company membership
• Corporate governance
• Damages in commercial disputes
• Shareholder-rights

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