EVIDENCE - expert evidence - valuation of shareholding - application of capitalisation of future maintainable earnings method - challenge to the correctness of the result of the valuation exercise - where the expert in part performed a calculation in accordance with accounting standards - whether the expert erred in placing weight on particular data points - challenge partially successful
PRACTICE AND PROCEDURE - judgments and orders - construction of orders - whether regard may be had to the reasons for which orders were made in the absence of ambiguity
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