The applicants sought a determination of the shareholders of 7538715 Canada Ltd. and whether the respondent Mohammad Petgar was an authorized director.
The applicants claimed they owned 100% of the shares and provided all the investment money.
The respondent claimed he and his estranged wife, the primary applicant, each owned 50% of the shares.
The court reviewed documentary evidence, including a shareholders agreement and bank guarantees, and found that the respondent and his estranged wife were each 50% shareholders.
The court also found that the respondent was an authorized director of the company.
