Commercial Registry - 2024

11 judgments

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11 judgments
Citation
Judgment date
August 2024
Court granted leave to the applicant to issue and serve a derivative-action writ out of jurisdiction despite procedural defects.
Civil procedure – service out of jurisdiction – Order 10 Rule 16 High Court Rules – leave to issue and serve process; derivative action by shareholder; curable procedural irregularity; defective power of attorney; advocate’s receipt of process does not waive leave requirement.
12 August 2024
July 2024
A stay pending appeal may be granted where the respondent shows prospects of success and enforcement risks irreparable harm.
Civil procedure – Stay of execution pending appeal; Judgment on admission; Discretionary relief – prospects of success; risk of rendering appeal nugatory; appeal does not automatically stay execution.
16 July 2024
Acknowledgement of loan facilities or vague emails do not constitute clear admissions for judgment on admission.
Judgment on admission; Order 21 Rule 6 High Court Rules; requirement of clear, unambiguous and unconditional admission; acknowledgement of loan facilities not admission of debt; email correspondence insufficient for judgment on admission.
6 July 2024
May 2024
Possession under a consent judgment is not foreclosure; s14 HCA inapplicable and claim for conveyance was res judicata.
Equitable mortgage — possession versus foreclosure — enforcement of consent judgments — applicability of section 14 High Court Act — res judicata.
17 May 2024
April 2024
Court granted stay pending appeal as the interlocutory appeal could affect the trial and no prejudice was shown.
Civil procedure — Stay of proceedings pending appeal; interlocutory appeal; appeal does not automatically stay (Order 47 Rule 5); court's discretion to stay (Orders 3 & 47); timing of interlocutory applications (Order 19 Rule 3(3)); prejudice requirement; novel issue on setting aside Court of Appeal judgment for fraud.
16 April 2024
March 2024
Leave to appeal denied where summons failed to state grounds and no realistic prospects of success were shown.
Appeal — leave to appeal — Court of Appeal Rules Order 10 r.4(3) — grounds must be stated in motion/summons — procedural competence — realistic prospects test (Breza Engineering) — draft memorandum insufficient — mode of commencement — originating summons — s.134(1) Companies Act.
18 March 2024
Statutory oppression claims under the Companies Act must be commenced by originating summons; wrong mode renders action incompetent.
Company law — s.134 Companies Act (oppression remedy) — mode of commencement — originating summons required — High Court Act s.10 importing RSC Order 5 Rule 3 — wrong mode renders proceedings incompetent — costs awarded to successful defendants.
7 March 2024
February 2024
The plaintiff proved defendants breached director duties; court ordered accounting, asset surrender and removal from directorship.
Company law — Directors' statutory and fiduciary duties (Sections 105, 106, 120) — duty to account and promote company success; shareholder's derivative/individual action (s138); accounting and recovery of secret or misapplied profits; oppressive conduct remedy (s134); injunctive relief (s330); removal/disqualification of directors.
27 February 2024
Court held alleged removals and PACRA changes invalid; conduct was unfairly prejudicial and Plaintiff reinstated.
Companies Act – appointment and removal of directors and company secretary – validity of members'/board resolutions – notice and quorum requirements – PACRA filings – minority shareholder relief – unfairly prejudicial/oppressive conduct (s.134) – rectification of register.
21 February 2024
Court enforces written finance and insurance terms, dismisses premium-overcharge and other claims, but finds bank failed to issue proper VAT invoices.
Contract law; vehicle-asset finance; insurance premiums—declared sum insured versus retail value; privity; VAT tax invoices and input tax claims; Insurance Premium Levy (2016); debt collection costs under finance facilities; credit reference reporting; enforceability of bank counter-claims.
14 February 2024
January 2024
Whether a registered mark should be expunged when confusingly similar to a famous prior mark and registered in bad faith.
Trade marks — Expungement — Sections 16, 17 and 18 Trade Marks Act — fraud and bad faith — confusing similarity to a famous prior mark — honest concurrent use.
30 January 2024