The applicants sought relief under the Ontario Business Corporations Act for payment of 45 percent of the value of PowerNorth Utility Contractors Inc., arising from previous business dealings.
The court found that the applicants were proper complainants under the Act and entitled to remedies, including repayment of investments and services provided.
The court calculated the amounts owed for cash investment, use of premises, equipment, and services, and awarded interest.
The total award was $399,441.90.
The court declined to order a share of profits and urged the parties to agree on costs, noting divided success.