Chin,Audrey v Lascelles Chin

Case Number: 
E. 467 of 1993
Date of Delivery: 
11.10.1996

IN THE SUPREME COURT OF JUDICATURE OF JAMAICA
LC
IN EQUITY
SUIT NO. E. 467 of 1993
BETWEEN
t A N D
AUDREY CHIN
LASCELLES CHIN
i or don Steer and Saverna Chambers instructed
'by Judith Cooper of Chambers, Bunny and Steer
\for Plaintiff
Patrick Foster instructed by Clinton Hart & Co.
gOr the Respondent
18th October. 1996
PANTON, J
The Court has scrutinized all the documents that have been put before
it. The unchallenged information supplied by the Registrar of Companies
indicates that on 0,ctober 27, 1994, the applicant and the respondent
were the only shareholders in Lasco Foods Ltd. The applicant holds one
share whereas the respondent holds 249,999. The auhtorised share capital
of the company is $300,000 divided into 300,000 ordinary shares of $1.00
rL4,
each. The issued share capital is $250,000. The company was incorporated
on February 21, 1986.
If there is an error in the allotment of the shares, these proceedings
that are before me cannot correct that error.
The originating summons that was filed on December 9, 1993, states
that the applicant is the owner in equal shares with the respondent so far
as concerns their interests in Lasco Faods Ltd.; and seeks an Order to be
made in respect thereto.
The evidence of the applicant does not indicate any investment by her
in the incorporation of the company or in its operations, other than the fact
that she worked for reward for the company; such reward she has already
received.
The information available to me forbids the making of such an Order.
The applicant holds one share as opposed to 249,999 held by the respondent.
It is therefore declared and ordered accordingly.
Costs to the respondent to be agreed or taxed.
C e r t i f i c a t e for counsel granted.

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