Lily Property Nominees Ltd and Another v Stonebridge and Others: ChD 31 Jul 2020

This is an unfair prejudice petition under section 994 of the Companies Act 2006 concerning a dispute between homeowners and residents of a private estate in South London. Each holds a share in the company which manages the common parts of the estate. The Petitioners claim that the company’s affairs have been managed in bad faith, resulting in their interests in the company being unfairly prejudiced.

Insolvency and Companies Court Judge Burton
[2020] EWHC 2113 (Ch)
Bailii
England and Wales

Company, Equity

Updated: 17 November 2021; Ref: scu.653372