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The case of Tatiana Boya vrs Mario De Cataldo and Cottage Italia Industries Ltd revolves around a dispute over the plaintiff's claim of beneficial interest as a shareholder in the 2nd defendant company. The plaintiff, who was also the managing director and secretary of the company, alleged that she was a majority shareholder due to share transfers from the 1st defendant.
This case falls under Company Law, specifically dealing with share transfers, directorship, and the rights of shareholders.
The central question addressed by the court was whether the plaintiff had proven her claim of being a director and majority shareholder of the 2nd defendant company, despite the 1st defendant's contentions that the share transfers were made to insulate the company from government interference and were not intended to confer beneficial interest on the plaintiff.
Key legal principles applied in this case include the rules of evidence, particularly the presumption of facts recited in written documents, and the doctrine of estoppel by own statement or conduct.
The Supreme Court ruled in favor of the plaintiff, finding that she had provided enough evidence to prove her claim of directorship and majority shareholding on the balance of probabilities.
This case is significant for legal practitioners as it highlights the importance of documentary evidence and the application of legal principles such as estoppel in resolving disputes over company ownership and control.
Presiding Justice
BAFFOE-BONNIE JSC
Date of Judgment
12th December 2024
Neutral Citation
[2024] SUPREMECOURT 40
Plaintiff/Appellant
TATIANA BOYA
Defendant/Respondent
MARIO DE CATALDO AND COTTAGE ITALIA INDUSTRIES LTD