HCC Winding Cause No. 5 Of 2006 In The Matter of Ziani Holdings Limited and the Companies Act

In this matter in the High Court, Dr. Wamuti Ndegwa represented the Shareholder/Petitioner. The shareholder complained that the company was excluding from its affairs of the company. Further, that the Board was running the company in a manner oppressive to the interests of the petitioner shareholder.

 

Dr. Ndegwa succeeded in applying the provisions of the Companies Act regarding the rights of the minority. The court issued an order directing that the company pay the aggrieved shareholder a sum proportionate to the monetary value of her shares in the company.

 

Judgement delivered on February 26, 2009.


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