‘I heard the Claimant’s application for a declaration that the decision by the directors of the Claimant to issue 490,000 B shares having a nominal value of andpound;1 each was taken in breach of their fiduciary duties, is voidable and should be set aside. I granted the declaration sought by the company. This judgment explains my reasons for so doing.’
Judges:
Marsh CM
Citations:
[2017] EWHC 676 (Ch)
Links:
Jurisdiction:
England and Wales
Company
Updated: 24 March 2022; Ref: scu.581330