Limonil v (1) Lundane Technologies Ltd (2) Linain (3) Laster [2020] DIFC SCT 211 (10 August 2020)

Limonil v (1) Lundane Technologies Ltd (2) Linain (3) Laster [2020] DIFC SCT 211 (10 August 2020)

There was no written agreement or ordinary resolution entitling the claimant to allowances or compensation; removal as director/shareholder was conducted in accordance with the articles of association and applicable law, and no compensation is due absent such provision.

Citation
[2020] DIFC SCT 211
Parties
Claimant: Limonil; First Defendant: Lundane Technologies Ltd; Second Defendant: Linain; Third Defendant: Laster
Jurisdiction
United Arab Emirates
Judgment Date
10 August 2020
Procedural Posture
Civil Company/shareholder Dispute / Judgment After Hearing in Small Claims Tribunal
Outcome
Claim dismissed
Legal Topics
Director Remuneration, Shareholder Rights, Removal of Director, Compensation Claims
Company Law Contract Law Director Remuneration Shareholder Rights Removal of Director Compensation Claims

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 2 Authorities cited 1 Party arguments 2 Amounts and remedies 3
Sign in to unlock

Parties

Limonil

Claimant

Lundane Technologies Ltd

First Defendant

Linain

Second Defendant

Laster

Third Defendant

Procedural Posture

Civil Company/shareholder Dispute / Judgment After Hearing in Small Claims Tribunal

Legal Issues

  1. 1 Whether the claimant is entitled to unpaid allowances as a director/shareholder
  2. 2 Whether the claimant is entitled to compensation for work as former director/shareholder and for cancellation of shares

Ratio Decidendi

There was no written agreement or ordinary resolution entitling the claimant to allowances or compensation; removal as director/shareholder was conducted in accordance with the articles of association and applicable law, and no compensation is due absent such provision.

Court Disposition

Claim dismissed

Orders

  • Claimant’s claims dismissed
  • Claimant to pay suspended court fee of AED 4,076.48