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Jersey Law Reports
You are here: BAILII >> Databases >> Jersey Law Reports >> In re Grafters Ltd. [2015] 1 JLR 144 (22 December 2014)
URL: http://www.bailii.org/je/cases/JLR/2014/JLR151144.html
Cite as: [2015] 1 JLR 144

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In re Grafters Ltd. 2015 (1) JLR 144 (22 December 2014)


Companies-minority shareholders-unfair prejudice-if, on application under Companies (Jersey) Law 1991, art. 141, exclusion of shareholder as director of company unfair because no reasonable offer made to purchase shareholding, court to order purchase of shares at reasonable value under art. 143-shares valued at date of order unless fairness dictates otherwise-if director excluded in 2007 (shortly after buying shareholding for £25,000), company subsequently flourished but now almost worthless (through no fault of other shareholders), fair valuation would be £25,000

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URL: http://www.bailii.org/je/cases/JLR/2014/JLR151144.html