Read the full judgment text of CACV 113/2023 on BabelCite. This Court of Appeal judgment was delivered on 26 January 2024.
1. This matter concerns a fight between the plaintiff (“ P ”) and the 3 rd defendant (“ D3 ”) (who are brothers) over the shares of Bestfibre Company Limited (“ Bestfibre ”), a company established by their now deceased father (“ the Deceased ”). The principal dispute between them in the action is whether the beneficial interest in those shares had been properly and validly gifted by the Deceased to both of them before his death at a dinner.
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