Banks DIH loses appeal over 15% shareholder voting cap
Legal
Business
September 12, 2026
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(Kaieteur News) – The decision of the high court to block Banks DIH Holding Inc from implementing a 15% cap on shareholder voting power has been upheld by the full court.
According to the decision rendered by Justices Peter Hugh and Priscilla Chandra-Hanif on Thursday, the appeal stems from proceedings brought by Guyana Americas Merchant Bank Inc. (“GAMBI”) and Beharry Stockbrokers Limited against Banks DIH Holdings Inc.
GAMBI and Beharry Stockbrokers Limited sought the court’s intervention to block Banks DIH Holdings Inc. from enforcing or putting to a vote a new by-law that would cap shareholder voting rights and ownership at 15 per cent.
Legal
Business
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