Patel v. Pate

ROBERT G. ULRICH, Judge.

Bipin Patel appeals the judgment, following trial without a jury, ordering George Pate to “immediately transfer [to him] the requisite amount of shares in [Swaminarayan, Inc.] evidencing ... [7%] ownership interest [in the corporation] and that [Mr. Patel] be entitled to all of the rights, obligations and benefits of said ownership interest.” Mr. Patel is dissatisfied with the judgment because his petition claimed that he had loaned money to the corporation in the sum of $40,000 and was to receive ownership of corporate stock in an amount equivalent to the percent of…