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International Law

: Law Chronicles Online

High Court Division judgement clarifies membership confusion

By Adnan Karim

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The Company Court of the High Court Division in a major case on 11 June declared that the omnibus account holders at the CDBL are not 'members' of the companies in which they buy shares in. Other Beneficial Owners are 'members' of the companies and as such are entitled to all the rights and privileges enjoyed by a general member.

Full post as published by Law Chronicles Online on June 15, 2008 (boomark / email).

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