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Shantanu Majumdar

| Call 1992

Profile: Company

Experience and Expertise

Shantanu’s company law practice encompasses disputes between shareholders (shareholders’ agreements, unfair prejudice, derivative claims), misfeasance, breach of fiduciary and other duties by directors, challenges to separate corporate personality and the lifting of the corporate veil, claims for breach of warranty on sales of share capital.

Shantanu also drafts clauses for shareholders’ agreements and articles of association.

Shantanu has also advised and acted for bodies incorporated under the Industrial and Provident Societies Act 1965 and Credit Unions Act 1979 in claims against former officers for breaches of duty.

 

Cases and Work of Note

Shantanu recently acted for the purchasers of the shares in a publishing company in a claim for breach of warranty.

He acts for the petitioners on an unfair prejudice petition relating to a West Country seafood company.

He advised the sellers of the shares in companies supplying medical services as to the construction of contractual provisions relating to the valuation of some £10m of loan notes.

He advised a company secretary on the remedies for various irregularities in the issue, allotment and transfer of the company’s shares.

In Paulin v Paulin & Cativo Limited (in liquidation) C of A [2009] EWCA Civ 221, [2010] 1 WLR 1057, [2009] 3 All ER 88n, [2009] 2 FCR 477, [2009] 2 FLR 354, [2009] Fam Law 567, [2009] BPIR 572 Shantanu acted for IOM liquidators in family proceedings involving amongst other things the lifting of the corporate veil and the annulment of a bankruptcy order procured by abuse of process.

 

Articles

Aluminium, fish and some unusual collateral: the pitfalls of lending on the security of your own shares – Butterworths Journal of International Banking and Financial Law – July/August 2011 – Robert Tchenguiz’s unusual loan arrangements with his Icelandic bankers (banking and company law)

Trust Me – Commercial Litigation Journal, October 2010 – a review of the law relating to limitation and fiduciaries.

 

Seminars

28 September 2011 “Minority Shareholders & Unfair Prejudice”

Shantanu Majumdar
"Valued for his outstanding legal and technical expertise, his undoubted abilities at court, and his ability to understand clients' needs"

The Legal 500