velisas elizabeth deffosse ingleton petitioning as legal representation under the power of attorney of gordon mc clymont v japhet ignatus noronha another 2022 tzhccomd
The acts of the 1st and 2nd Respondents in executing the Deed of Settlement and related decisions without involving the Petitioner, a director and shareholder, were fraudulent and unfairly prejudicial. The Deed was executed by a person not lawfully appointed as company secretary, included property not owned by the company, and lacked proper authorization. These acts breached the Petitioner's rights and the company's Articles of Association, rendering the Deed, decree, and related acts null and void.
Source excerpt
- Unfair prejudice
- Fraud
- Shareholder rights
- Directors' duties
- Company secretaries
- Consent decrees