Ebrahimi V Westbourne Galleries Ltd 1973 Ac360 Hl

In 1958 they formed a private company carrying on the same business and were appointed its first directors.

Ebrahimi v westbourne galleries ltd 1973 ac360 hl. Ebrahimi v westbourne galleries ltd 1973 ac 360. Ebrahimi v westbourne galleries ltd 1973 ac 360 is a united kingdom company law case on the rights of minority shareholders. Ebrahimi v westbourne galleries ltd 1973 ac 360 the defendant company a carpet dealership had been formed with the claimant and mr nazar with whom he had run the business for some years as a partnership as sole directors and shareholders. Ebrahimi v westbourne galleries ltd 1973 ac 360 is a united kingdom company law case on the rights of minority shareholders.

Ebrahimi v westbourne galleries ltd and others on appeal from in re westbourne galleries ltd. The case was decided in the house of lords. Ebrahimi v westbourne galleries ltd another 1973 ac 360 hl at 379b c quoted with approval by hoexter ja in hulett others v hulett 1992. 5 minutes know interesting legal matters ebrahimi v westbourne galleries ltd 1973 ac 360 hl uk caselaw.

Mr ebharimi and mr nazar had carried on business in partnership dealing in persian and other carpets. Mr ebrahimi and mr nazar were partners. They then formed a limited company carrying on the same businessand were appointed its directors and became equal shareholders. They decided to incorporate as the business was highly successful buying and selling expensive rugs.

Hl 3 may 1972 unfair prejudice to minority shareholder a company had operated effectively as a partnership between two and then three directors. 18 ebrahimi v westbourne galleries ltd 1973 2 wlr 1289 hl ebrahimi and nazar had carried on a carpet business for several years inpartnership. They shared equally in management and profits. 112 it is true that there is room in company law for recognition of the fact that behind it or amongst it there are individuals with rights expectations and obligations inter sewhich are not necessarily submerged in the company structure.

Ebrahimi v westbourne galleries ltd 1973 ac 360 is a united kingdom company law case on the rights of minority shareholders. The case was decided in the house of lords. Soon after the company s incorporation nazar s son became a director and shareholder and the nazars excluded ebrahimi from the management of the. The case of ebrahimi v westbourne galleries ltd 1973 ac 360 hl lord wilberforce said it would be impossible and wholly undesirable to define circumstances under which justice and equity must be considered.