Zeital v Kaye & ors [2010] EWCA Civ 159

April 2016 #158

The appeal concerned a dispute over the beneficial ownership of the sole two issued shares in a company in liquidation (the company). The company was incorporated by the deceased in 1988. The shares were originally issued to the company’s formation agents, a Mr Ashok Kumar and Mrs Kamlesh Kumar. Each signed an undated blank stock transfer form in relation to the share he/she held, leaving blank the transferee boxes. These forms came into the deceased’s possession.

In 1998 the company was struck off the register by the Registrar of Companies. In February 2004 the deceas...