Supreme Court confirms no limitation period for unfair prejudice petitions

The Supreme Court’s decision in THG plc v Zedra Trust Company (Jersey) Ltd [2026] UKSC 6 restores the long-standing position that unfair prejudice petitions under sections 994-996 of Companies Act 2006 (CA 2006) are not subject to statutory limitation periods under Limitation Act 1980.

The Supreme Court’s majority ruling overturns the decision of the Court of Appeal that a limitation period of either six or 12 years applies to an unfair prejudice petition, depending on the remedy being sought.

Background