Read the full judgment text of FCMC 7332/2013 on BabelCite. This Family Court judgment was delivered on 17 April 2015 before HH Judge Bruno Chan.
Matrimonial Causes – Ancillary Relief – Preliminary Issue – Beneficial Ownership – Trust – Shares in Company – Jones v Kernott principles – Whether shares held on trust or gift – Wife's claim dismissed – Costs awarded against Wife
Legal issues: Beneficial ownership of Husband's shareholding in HPE
Outcome: Wife's claim dismissed. Husband holds shares on trust for Mother. S.17 Application dismissed.
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