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HYPERNYM LLC v MEHMOUD UL HASSAN LODHI

Court of First Instance
CASE NO: CTFIC0027/2022
Neutral Citation
[2022] QIC (F) 26
Date
07 December 2022
Status
Keywords
First Instance Circuit
QFC Companies Regulations
Shareholders
Shareholder disputes
Unfair prejudice
Judges
Her Honour Frances Kirkham CBE
Fritz Brand
Ali Malek KC
Summary

The Qatar International Court's judgment on 7 December 2022 ruled in favor of Hypernym LLC, authorizing the company to acquire Defendant Mehmoud Ul Hassan Lodhi's 20% shareholding for QAR 2,000. The Defendant, who has been uncooperative and unreachable, failed to provide necessary documents, hindering the company's operations. Despite efforts to contact him, the Defendant refused to engage. The court determined that the Defendant's actions were unfairly prejudicial to the company and granted relief under article 134 of the QFC Companies Regulations 2005, allowing the company to proceed with its business.

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Judges

  • Her Honour Frances Kirkham CBE

    England

  • Fritz Brand

    South Africa

  • Ali Malek KC

    England

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