Tag: Defending Manolete Claims | LEXLAW Solicitors & Barristers

Manolete Case Study: Directors Liable for £1.4m Misappropriation and Unlawful Dividends

The High Court ordered the former directors of Evershine Travel Limited (In Liquidation) to repay more than £1.4 million after treating company funds as their own and authorising unlawful dividends while the company faced a £17.58 million deficit to creditors. The case highlights the severe consequences for directors who breach duties owed under the Companies Act 2006 once a company approaches insolvency.

Post date 5 December 2025
Post author By Hasanat Akbar
Post categories In Case Law, Case Study, County Court, Court of Appeal, Director's Duties, Directors Disqualification, High Court, HMCTS, Insolvency, Insolvency Litigation, Litigation, Manolete, Winding-up Petitions
Tags Defending Manolete Claims, Director claims, Director Disputes, Directors Duties, Directors’ Duties, Directors’ Duties Claims, Expert Legal Advice, Insolvency, Insolvency Act, insolvency law expert, Insolvency Litigation Solicitors, LexLaw case studies, LexLawSolicitors, Manolete, Manolete Case Studies, Manolete claims, Manolete Partners claims, Manolete Partners defence, Manolete Partners PLC, Personal Liability of Directors UK, Unlawful Dividends

Manolete Case Study: Director Ordered to Repay £1.43m for Unauthorised Expenditure (Director’s Duties & Insolvency Act Breaches)

The High Court ordered Dr Amir Matta, director of Saint George Investment Holdings Ltd, to repay £1.43 million after he misapplied company funds for personal expenses, breaching his statutory duties under the Companies Act 2006 and authorising unsubstantiated payments to connected parties during a period of financial distress.

Post date 1 August 2025
Post author By Hasanat Akbar
Post categories In Administration, Case Law, Case Study, Chancery Division, Director's Duties, Directors Disqualification, High Court, HMCTS, Insolvency, Insolvency Litigation, Litigation, Litigation Funding, Manolete
Tags companies act 2006, Defending Manolete Claims, Directors Duties, Directors’ Duties Claims, Insolvency, Insolvency Act 1986, Insolvency Law, lexlaw, LexLaw case studies, Litigation, Manolete, Manolete Case Studies

Director Win Manolete Claim: Court of Appeal judgment folder with balance scale tipped in favor of the director, symbolizing the evidential failure of the £849k insolvency claim.

Success: Director Win against Manolete’s Additional Sales Insolvency Claim

The Court of Appeal upheld the High Court’s dismissal of Manolete Partners’ £849,278 claim against director Ebrahim Dalal, finding the evidence for alleged unreported sales too weak to meet the civil standard of proof. The case underscores the evidential challenges liquidators face when pursuing directors for purported accounting deficiencies.

Post date 14 March 2023
Post author By Qasim Mehmood
Post categories In Court of Appeal, Director's Duties, High Court, HMRC, Insolvency, Insolvency Litigation, Litigation, White Collar Crime
Tags Additional Sales Receipts, Business Economics Exercise, Court of Appeal, Defending Liquidator Claims, Defending Manolete Claims, Director Misfeasance, Directors’ Duties, High Court, High Court litigation, HMRC, HMRC Assessments, HMRC conduct, Insolvency Act 1986, Litigation, Manolete, Manolete Partners, Manolete Partners Plc v Dalal

Manolete Case Study: Directors Liable for £1.4m Misappropriation and Unlawful Dividends

Manolete Case Study: Director Ordered to Repay £1.43m for Unauthorised Expenditure (Director’s Duties & Insolvency Act Breaches)

Success: Director Win against Manolete’s Additional Sales Insolvency Claim

£115m UK Palace Insufficient for Service of NBD Bankruptcy Petition on Qatari

Winning on Appeal: Reversing Judicial Errors in Coghlan v Lexlaw [2026]

Defending Claims Brought by Liquidators: A UK Director’s Guide

Defeating HMRC’s £1m VAT Assessment

Consumer Credit Act 1974 Reform: What Borrowers Need to Know