Solomon Law Reports

judgment – interpretation – judgment order that defendants purchase claimants’ shares at a value to be determined by valuer – defendants did not purchase claimants’ shares since valuer determined value of shares 14 months ago – whether the judgment order required defendants to purchase claimants’ shares forthwith – whether the judgment order permits the claimants to sell their shares to the public if the defendants do not purchase their shares – judgment order does not preclude claimants from selling shares to public but ensures claimants comply with provisions of Companies Act 2009 by first offering to sell shares to existing shareholders – counsel submission that claimants cannot sell their shares to the public is misconceived – when judgment does not specify time for payment this means the payment should be forthwith