takeover panel, page-9

  1. 13,184 Posts.
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    Its possibly an issue at contract law, being a "mistake", or more precisely a unilateral mistake. If it can be proven it was a mistake by Falak's agent or if the party to the contract (ie FAS) knew it was a mistake but concluded the contract then the contract can possibly be rescinded or voided. There will need to be evidence provided. IMHO, I dont believe the shares can be voted on by FAS while a cloud over the validity of the FAS transfer is there.

    DYOR
 
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11.5¢
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10.5¢ 11.5¢ 10.5¢ $52.78K 479.6K

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11.5¢ 160817 4
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