MRS. CAROLINE AKL, MR. FARES AKL& DANIEL TETTEY vs. MR. ALWAN HITTI, MIREILLE HITTI & 2 OTHERS

On September 6, 2018, the Applicants filed an Originating Notice of Motion with the Registry of this Court, praying this Honourable Court for an order to restrain the Respondents from exercising any rights relating to and to annul all transfer of shares in the 3rd Respondent (hereinafter, the “Company”) made in favour of the 1st and 2nd Respondents subsequent to October 14, 2018 on the grounds that the transfer of shares to these Respondents was wrongful, unlawful and invalid and for same to be expunged from the records of the 3rd and 4th Respondents. On September 17, 2018, the 1st Respondent appeared with counsel who indicated to the Court that the 1st Respondent was not opposed to a grant of the application. On that basis, the Court entered an Order in favour of the Applicants for the transfer of the shares of the 3rd Respondent in the amount of Seventy-one Thousand, Five Hundred and Thirty-one (71,531) registered in the name of 1st Respondent, Alwan Hitti to be annulled. The ...