Judgment
In the matter of 58.com, Inc - Judgment
FSD 0275/2020 (MRHCJ) · 2024-04-02
Companies - arrangements and reconstructions - dissenting shareholders - fair value of shares - dissenting shareholders’ expert request for post-valuation date disclosure - whether Company entitled to seek a determination from the court where the scope of the request is unclear or its relevance disputed - whether necessary for the dissenters’ expert to demonstrate that the information or documents requested is likely to be relevant to the fair value of the shares at the valuation date. Company Law; Shareholder Remedies; Valuation
Full metadata
| Cause Number | FSD 0275/2020 (MRHCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Ramsay-Hale CJ |
| Parties | In the matter of 58.com, Inc - Judgment |
| Judgment Date | 2024-04-02 |
| Subject | Companies - arrangements and reconstructions - dissenting shareholders - fair value of shares - dissenting shareholders’ expert request for post-valuation date disclosure - whether Company entitled to seek a determination from the court where the scope of the request is unclear or its relevance disputed - whether necessary for the dissenters’ expert to demonstrate that the information or documents requested is likely to be relevant to the fair value of the shares at the valuation date. Company Law; Shareholder Remedies; Valuation |
| Filename (current) | 24-04-02-In-the-Matter-of-58.com-Inc-Judgment.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 238 | 2 |
| Judicature Act | 31 | 1 |
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