Residents on an estate where the estate roads had come into the control of a trust administered by the residents disputed the arrangement necessary to manage the road scheme. Directions were sought for the implementation of a scheme.
Held: Objections based on the lack of a quorum at meetings in the distant past should fail as being far too late. The deed of trust did purport to manage trust assets of value, and had a clear commercial purpose.
Judges:
Norris J
Citations:
[2009] EWHC 214 (Ch), [2009] WTLR 379, [2009] NPC 29
Links:
Citing:
Cited – In Re Plymouth Breweries Ltd 1967
In 1893 a scheme of reconstruction which adjusted the rights of the preference and the ordinary shareholders was promoted, and in the following year was approved by the court. But it appeared that the scheme had never been approved by a quorate . .
Lists of cited by and citing cases may be incomplete.
Land, Company
Updated: 23 July 2022; Ref: scu.304537
