
In January 2006 Peter Penny came to the Morton Medical office in Broomhill Road in London when the General Manager was out of the country and tried to take control of the company. When the General Manager came back to the office a couple of days later he was attacked from the back by Peter Penny so that the staff had to call the Police and the General Manager was taken to hospital by ambulance with a heart attack.
It was also discovered that Peter Penny in secret had increased the share capital of the company so the General Manager’s stake in Morton Medical had changed from 50% of the ordinary sharers to 25% of the ordinary shares.
Peter Penny’s stake had increased from 25% to 50% and his friend Jock Green-Armytage remained with his 25% share of the company. Please click the link here to read the witness statement submitted to the High Court of Justice, Chancery Division.
The General Management of Morton Medical made a petition to the Royal Courts of Justice in London through his lawyers click here to read the Petition .
As a result of the hearing in the High Court of Justice, Chancery division in London, the the following order (which went completely against Peter Penny) was made by the High Court Judge. Please click here to read the Order.
Peter Penny was very apologetic to the General Manager after the Order and blamed all his actions on his co shareholder Jock Green Armytage. Peter Penny kept on repeating that he was forced to act the way he did by Jock Green-Armytage, and he himself was completely innocent.
A reader James of this Weblog made the following comment after reading the
order:
“What a clear cut judgment. The Judge took a strong view against this Peter Penny, rotten Director. This is a beautiful example of the way in which the law seeks to protect the innocent party from exploitation and illegal malpractice. How fantastic that this evil Director was restrained by the law this way. Let us only hope that he has continued to abide by every clause in this Order !”