OKUDJETO AND OTHERS
V.
IRANI BROTHERS AND OTHERS

(1973) JELR 69056 (HC)

High Court 30 Mar 1973 Ghana
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- The case involves an application under sections 218 and 220 of the Companies Code, 1963 (Act 179), requesting an investigation into a company's affairs, refund of misappropriated funds, prevention of director removal, compliance with sect

Case Details

Judges:HAYFRON-BENJAMIN J.
Counsel:C.C. QUIST FOR THE APPLICANTS; J. REINDORF FOR THE RESPONDENTS.
Other Citations:[1974] 1 GLR 374


HAYFRON-BENJAMIN J.: This is an application under sections 218 and 220 of the Companies Code, 1963 (Act 179), that the court order:

(a) The Registrar of Companies to appoint one or more competent inspectors to investigate the affairs of the company and to report;
(b) That any moneys found to have been appropriated by the resident directors, namely, Anthony Rachid Irani, Edmond Rachid Irani and Adnan Midani be refunded to the company;
(c) That the directors and shareholders be restrained from removing Mr. Samuel Okudjeto as a director of the company;
(d) That the directors be compelled to comply with section 123 (4) of Act 179;
(e) The removal of Mr. Anthony Rachid Irani, Edmond Rachid Irani and A. Midani as directors of the company and managing director of the company;
(f) That the management do file an account with the court showing wheat bought, sales of flour and bran pellets, sources of purchase of wheat and to whom bran pellets have been sold; and for such further order or orders as to…

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