Judgment
In re Trikona Advisors Limited - Reasons
FSD 0018/2012 (AJJ) · 2012-09-04
Whether the petition should be struck out because an adequate alternative remedy existed; whether the “buy‑out offer” constituted a reasonable alternative remedy under just and equitable principles; whether the petition was brought for an improper or collateral purpose; whether the Petition should be stayed pending U.S. proceedings; whether a prima facie case existed for appointment of provisional liquidators; whether an injunction restricting use of company assets for shareholder litigation was appropriate
Full metadata
| Cause Number | FSD 0018/2012 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | In re Trikona Advisors Limited - Reasons |
| Judgment Date | 2012-09-04 |
| Subject | Whether the petition should be struck out because an adequate alternative remedy existed; whether the “buy‑out offer” constituted a reasonable alternative remedy under just and equitable principles; whether the petition was brought for an improper or collateral purpose; whether the Petition should be stayed pending U.S. proceedings; whether a prima facie case existed for appointment of provisional liquidators; whether an injunction restricting use of company assets for shareholder litigation was appropriate |
| Filename (current) | 12-09-04-Trikona-Advisors-Limited-In-re.pdf |