Disclosure
Harrington & Charles Trading Company Ltd (In Liquidation) and others v Mehta and others [2024] EWHC 2674 (Ch)
The claimants obtained a worldwide freezing order against the family defendants in relation to an alleged fraud claim. The family defendants disclosed assets worth around $146m, including over $90m in receivables from an individual called Mr Ahli (the Ahli receivables). The first defendant, Jatin, entered into a third-party funding agreement to fund his Indian legal proceedings, with payments routed through an intermediary called Shouq Al Kathiri. The claimants were concerned about the lack of transparency around the Ahli receivables, the third-party funding agreement, and the use of Shouq Al Kathiri as an intermediary.
The court ordered limited disclosure in relation to the Indian legal proceedings, including: an affidavit from Jatin detailing how he funded the proceedings and any payments made, including through Shouq Al Kathiri; disclosure of the third-party funding agreement, subject to confidentiality restrictions; copies of Jatin’s client ledgers and office account ledgers from the Indian legal representatives; and information from Jatin