Hamda Jaber Rashied Alhameli v Alshafi Investiments group LLC and Another
Hamda Jaber Rashied Alhameli v Alshafi Investiments group LLC and Another (Miscellaneous Application No. 519 of 2022) [2022] UGHCCD 249 (30 November 2022)
The applicant's claim to shareholding in Emirates Africa Link Real Estates Limited is based on a purported sale and transfer of shares that was made in violation of a subsisting court order for attachment before judgment, rendering the transfer void ab initio and conferring no valid title. The applicant's interest is adverse to the 1st respondent, who is a successful litigant in the underlying suit. The applicant is neither a de facto nor de jure member of the company until the court determines his rights over the shares. No relief is sought against the applicant in the Company Cause, and his…
Source excerpt
- Joinder Of Parties
- Company Shareholding Disputes
- Locus Standii
- Necessary Party Test