Company Law: Hake's vs. Boarder's Technologies Ltd.
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Company Law: Hake's vs. Boarder's Technologies Ltd.
The questions that have been raised by Mr. Hakes is on the basis of his position as the company's Managing Director, a company that he and his family had run from 1989, a company which has been very profitable and is still very profitable. Mr Hake's wife and his two sons had 70% share in the company and the rest 30% was Mr. Hake's share. Mr. Hake's wife and two sons sold their shares to one of their competitors BTL, as it was getting ...