Facts: The case involves Merit Interior Designs (Duncan) Ltd. (the plaintiff) and Kapila (the defendant), focusing on a dispute arising from Kapila's actions as a minority shareholder and former manager.
Issue: The core issues include allegations of mismanagement, fraud, and breaches of fiduciary duty by Kapila, leading to significant financial and operational detriments to the company.
Court's Ruling: The court dismissed the application for document disclosure related to financial statements from related companies, finding no sufficient justification to link these records to the case. It highlighted that records from 2002 to 2022 were irrelevant to the loss period defined in the case. The court noted operational differences among the companies, deeming it implausible to draw conclusions about Merit Duncan's margins from them.
Costs/Damages Awarded: The court awarded costs to Merit Duncan, emphasizing the unfairness of amending claims against a deceased individual who could not defend himself??. Financial terms were not specified.
