Background: Bhupinder ("Bob") Nijjar and Rajinder ("Raji") Nijjar, directors of 0991342 B.C. Ltd. ("0991"), alleged that their son, Randeep ("Nick") Nijjar, arranged an unauthorized transfer of $400,000 from 0991’s mutual fund to a bank account under his control. Nick used these funds to purchase a property on Huntingdon Road, Abbotsford, by 1129354 B.C. Ltd. ("1129"), his company.

Legal Issues

1. Limitation Defence: The court evaluated if the defendants established a limitation defense under the Limitation Act, considering the discoverability of the claim.
2. Liability for Conversion: The court assessed if Nick and 1129 were liable for converting $400,000 from the mutual fund.
3. Conspiracy: It examined if the defendants conspired to convert the $400,000.
4. Detinue: The issue of whether the defendants were liable for detinue was considered.
5. Damages: The court determined the appropriate damages for the plaintiff.

Held: The court ruled in favor of the plaintiff, 0991342 B.C. Ltd., concluding that the transfer was unauthorized.

Costs/Damages Awarded: The total amount of costs and/or award in favor of the successful party was not specified in the provided excerpts.