Supreme Court of Turks and Caicos Islands

The Supreme Court has original jurisdiction in civil and criminal matters; appellate jurisdiction over appeals from the Magistrate’s Court and other statutory bodies such as the National Insurance Board and the Liquor Licensing Board; and supervisory jurisdiction over lower adjudicatory bodies and the actions of government.

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3 judgments
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3 judgments
Citation
Judgment date
June 2017
30 June 2017
A winding-up petition was stayed because a reasonable buyout offer existed and the petitioner unreasonably refused the alternative remedy.
Companies law – just and equitable winding up – minority shareholder excluded from management – availability of alternative remedy by buyout – abuse of process. Company valuations – independent expert valuation as basis for reasonable buyout offer. Procedural remedy – stay of petition to permit buyout by agreed independent expert; dismissal upon completion.
15 June 2017
Costs
13 June 2017