Court fast-tracks Kentech group dispute
John Murphy, a director with a shareholding of more than 20%, has brought a petition alleging the affairs of Josar Holdings Ltd, the holding company in the Kentech group with registered offices at Little Island, Co Cork, and the powers of some directors are being conducted in an unfair, oppressive and unlawful manner.
In his petition, brought under Section 205 of the Companies Act, he claims his employment with the company was terminated last March in breach of a shareholders agreement and he is also seeking orders for the purchase of his shares.