Ebrahimi V Westbourne Galleries Ltd Case Summary

Their store was originally in nottingham and then moved to london at 220 westbourne grove.

Ebrahimi v westbourne galleries ltd case summary. 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. First the high court reiterated the non exhaustive principles in the house of lords decision of ebrahimi v westbourne galleries 1973 ac 360 ebrahimi on what amounts to a quasi partnership. They decided to incorporate as the business was highly successful buying and selling expensive rugs. W s conduct was a departure from the agreement in which the affairs were agreed to be conducted.

Share valuation cases ebrahimi v westbourne galleries ltd. Ebrahimi v westbourne galleries ltd and others on appeal from in re westbourne galleries ltd. 1972 svc 262 lord wilberforce viscount dilhorne lord pearson lord cross of chelsea and lord salmon. After falling out between the directors mr nazar and his son voted to remove mr ebrahimi as a director and excluded.

In the case of quasi partnerships it is an established principle that exclusion of the minority from the management of the company contrary to the original understanding among the parties on the basis of which the company was formed can be regarded as an act done in contrary to good faith as has been decided in the case of ebrahimi v westbourne galleries ltd. Hl 3 may 1972 unfair prejudice to minority shareholder a company had operated effectively as a partnership between two and then three directors. 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. That was sufficient to bring the matter within s 459 as it was conduct that was prejudicial to x as a shareholder.

They had decided to incorporate their rug business due to its continued success. Ebrahimi v westbourne galleries ltd 1973 ac 360 is a uk case on the rights of minority shareholders mr ebrahimi and mr nazar were partners. Ebrahimi v westbourne galleries ltd 1973 ac 360 considered. Case of ebrahimi v westbourne galleries ltd 23 in the case of ebrahimi v westbourne galleries ltd the house of lords considered passing off or a winding up order on just and equitable ground under section 222 f of the companies act 1948 which section carried the statute before the introduction of section 122 of the insolvency act 1986.