yasmin haji vs kenyata drive properties ltd another 2023 tzhccomd 25 13 february 2023
The petitioner suffered unfair prejudice due to irregular and fraudulent share transfers that did not comply with the company’s MEMARTS and statutory requirements. The petitioner remains a lawful shareholder, and the company must rectify its register to include her 100 shares and notify BRELA. BRELA is not a necessary party as the register in question is the company’s own register of members, not the register maintained by BRELA.
Source excerpt
- Rectification of register
- Unfair prejudice
- Shareholder rights
- Share transfer
- Corporate governance