CaseLaw
Appellant is an Engineer and until the 21st August, 1979 claimed to be and was accepted by all as the Managing Director of the 1st respondent Company. He was also together with the 3rd, 4th and 5th respondents, (Directors of the 1st respondent company) a promoter of the 1st respondent company. The 2nd and 6th respondents subsequently were appointed Directors of the 1st respondent Company. The 7th respondent was the original bankers of the 1st respondent Company. The Eighth respondent became its banker when dispute arose as to the control of the finances of the Company. The protracted litigation which emanated from the disagreement has come on appeal to this court, having arisen from the resolution to dismiss the 1st respondent as Managing Director of the 1st respondent Company, by the 2nd-6th respondents, and the purported disposal of his interests in the 1st respondent Company. Appellant is said to have 15,834 shares in the 1st respondent Company.