A dispute between two brothers over the management of a family enterprise has spilled to the courts and now threatens to bring down Dhanjal Brothers Limited, a Mombasa-based road construction firm. PHOTO | FILE
Mr Joginder Singh Dhanjal, who is a director in the company, has accused his younger brother Daljit Singh Dhanjal, who acts as the managing director, of fraud.
According petition papers filed at the High Court in Mombasa on Friday, he (Joginder) claims that his brother transferred some of the shares to himself using “devious means, intimidation and coercion”.
He said the alleged board of directors meetings were held in the absence of the company secretary and therefore all resolutions passed were unprocedural, illegal and void.
A dispute between two brothers over the management of a family enterprise has spilled to the courts and now threatens to bring down the business.
The wrangle at Dhanjal Brothers Limited, a Mombasa-based road construction firm, has turned into a legal duel after an aggrieved brother filed a petition to have the company wound up on allegations of fraud.
