Masters v Masters

Case [2023] NZHC 3027


NOTE: PURSUANT TO S 169 OF THE FAMILY PROCEEDINGS ACT 1980, ANY REPORT OF THIS PROCEEDING MUST COMPLY WITH SS 11B, 11C AND 11D OF THE FAMILY COURT ACT 1980. FOR FURTHER INFORMATION, PLEASE SEE

https://

NOTE: PURSUANT TO S 35A OF THE PROPERTY (RELATIONSHIPS) ACT 1976, ANY REPORT OF THIS PROCEEDING MUST COMPLY WITH SS 11B,

11C AND 11D OF THE FAMILY COURT ACT 1980. FOR FURTHER INFORMATION, PLEASE SEE
https://

IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY

I TE KŌTI MATUA O AOTEAROA TĀMAKI MAKAURAU ROHE

CIV-2022-404-817

[2023] NZHC 3027

UNDER the Property (Relationships) Act 1976, s 182 of the Family Proceedings Act 1980, Companies Act 1993 and the Trusts Act 2019

BETWEEN

NAYANA MASTERS

Plaintiff

AND

SANJAY ARVIND MASTERS

First Defendant

continued…

Hearing: 9 October 2023

Appearances:

J D Noble for Plaintiff

K D Puddle for Third Defendant
M K Macnab for Fourth and Fifth Defendant

Judgment:

31 October 2023


JUDGMENT OF ASSOCIATE JUDGE LESTER


This judgment was delivered by me on 31 October 2023 at 12.45pm

pursuant to Rule 11.5 of the High Court Rules

Registrar/Deputy Registrar

………………………………..……

MASTERS v MASTERS [2023] NZHC 3027 [31 October 2023]

AND              SANJAY   ARVIND   MASTERS    and

BHARAT PARSHOTAM, as trustees of the Sylvania Trust

Second Defendants

AND              ARROWMASTERS     LIMITED     (in

liquidation)
Third Defendant

AND              SANJAY ARVIND MASTERS

and HASMUKHBEN MASTERS, as

trustees of the Ennismore Trust Fourth Defendants

AND              ARVIND SHIVLAL MASTERS

Fifth Defendant

[1]                 Nayana Masters (Nayana) and Sanjay Masters (Sanjay) were married in  July 1992. They  separated  in  February 2017  and  their  marriage  was  dissolved  in April 2020, however their broader relationship property issues remain unresolved.

[2]                One of Nayana’s main concerns is that value she believed existed during her relationship with Sanjay has been lost, however, her attempts to secure that value have led to her claim becoming overly complicated; the claim now running to 20 causes of action.

[3]                The assets relevant to the present application and how they were held at separation are as follows:

Address  Held by during relationship

172

Great South Road

Masters Enterprises Limited

]

] The commercial

] properties

174 Great South Road Masters Enterprises Limited
9 Albion Street Masters Enterprises Limited

24A

John Rymer Place

Sylvania Trust

]

] The residential
] properties

]

39 Albert Street Sylvania Trust
434A Hillsborough Road Sylvania Trust
37A Sylvania Crescent Masters Enterprises Limited

[4]                All  of  the  above  properties  were  eventually   transferred   to Arrowmasters Limited (Arrowmasters), which is now in liquidation.

[5]                It is now common ground that the commercial properties were held by Arrowmasters as its own assets with the remaining properties, all residential, held on trust for the Ennismore Trust, the fourth defendant. The current pleading is that all the properties were held for Ennismore Trust. At the hearing, Mr Noble, counsel for Nayana, confirmed that position was not maintained; that concession alone will require the claim to be re-drafted.

[6]                The residential properties were transferred by the Sylvania Trust (the…

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Masters v Masters [2023] NZHC 3027
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[2023] NZHC 3027
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CaseChat Overview and Summary

The High Court of New Zealand considered an application by Nayana Masters against her former husband, Sanjay Masters, and several other defendants related to unresolved relationship property issues following their marriage dissolution in 2020. The court dealt with numerous causes of action that had become redundant or required redrafting. The main issue was the proper identification of defendants and the assets held by them. Nayana sought various orders to secure the net sale proceeds of properties that had been transferred to Arrowmasters Limited, which was in liquidation. Arrowmasters, along with other defendants, applied to strike out various causes of action against them or for further particulars. The court found several causes of action against Arrowmasters, the trustees of the Ennismore Trust, and Arvind Masters redundant or improperly pleaded. Notably, it was acknowledged that the commercial properties were held by Arrowmasters as its own assets, while the residential properties were held on trust for the Ennismore Trust. The court struck out certain causes of action against Arrowmasters and the Ennismore Trust trustees, while others were directed to be omitted or repleaded. The court also struck out claims against Arvind Masters regarding the transfer of shares, finding that Nayana lacked standing to bring certain claims. The court recommended focusing on the real targets of the claims and suggested a Judicial Settlement Conference to address the unresolved issues pragmatically. The court ordered the redrafting of the statement of claim, the filing of amended defences, and the discontinuance of certain defendants, reserving costs for later determination.

Orders

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