Ebrahimi V Westbourne Galleries Ltd 1973
The case was decided in the house of lords.
Ebrahimi v westbourne galleries ltd 1973. They decided to incorporate as the business was highly. In 1958 they formed a private company carrying on the same business and were appointed its first directors. Hl 3 may 1972 unfair prejudice to minority shareholder a company had operated effectively as a partnership between two and then three directors. Lord wilberforce the profits from their business went only to the directors and there were restrictions in place to prevent mr ebrahimi from selling his shares.
Add to my bookmarks export citation. Mr ebrahimi and mr nazar were partners. Mr ebrahimi and mr nazar were the sole shareholders in the. Dairy containers ltd v nzi bank ltd 1995.
Ebrahimi v westbourne galleries ltd and others on appeal from in re westbourne galleries ltd. Ebrahimi v westbourne galleries ltd 1973 ac 360 is a united kingdom company law case on the rights of minority shareholders. 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. After falling out between the directors mr nazar and his son voted to remove mr ebrahimi as a director and excluded.
Mr ebharimi and mr nazar had carried on business in partnership dealing in persian and other carpets. Mr ebrahimi and mr nazar were partners. Their store was originally in nottingham and then moved to london at 220 westbourne grove. They shared equally in management and profits.
Ebrahimi v westbourne galleries ltd 1973 ac 360 is a united kingdom company law case on the rights of minority shareholders. Laws 360 company and partnership law section. Ebrahimi v westbourne galleries ltd 1973 the case of ebrahimi v westbourne galleries revolved around the fall out between two business partners based in london. The case was decided in the house of lords.
Strachan v denbigh property ltd 2011 10 nzc. They had decided to incorporate their rug business due to its continued success. Type legal case document web address https helicon vuw ac nz login. They decided to incorporate as the business was highly successful buying and selling expensive rugs.
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. Ebrahimi v westbourne galleries ltd 1973 ac 360.