One of Manchester’s biggest and most popular Indian restaurants is set to go on sale following a fallout between the owners.
Royal Nawaab – a buffet restaurant and banqueting hall on Stockport Road in Levenshulme – has been a hotspot for Asian cuisine, casual dining and pre-COVID large-scale events since it opened on the site of a former cinema back in 2003.
However, the restaurant has been at the centre of a legal dispute in recent weeks, according to a recently-published High Court document.
The High Court noted that the business has been “very profitable” during its run, but the founders, Tariq Mahmood Malik and Mahboob Hussain Junior, had fallen out within a few years of opening up.
Now, after years of bad blood between the founders, the judge has ruled that the property and 50% of the company must go on sale in a process bounded by terms set by the court.
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At the High Court hearing at Manchester Civil Justice Centre last month, Judge Stephen Davies explained that Tariq and Mahboob had begun as joint owners and shareholders in the business – but by 2007, Tariq stepped back from the business as his relationship with Mahboob soured. His son Asad – who is married to Mahboob’s daughter, Atikah – took the reins.
Over time, Tariq’s wife, Nusrat Tariq, and Mahboob’s wife, Mirza Begum, also became shareholders in the business. However, in 2016, Tariq fell out with members of his own family – including his wife Nusrat, with whom he was by then estranged, as well as his son Asad, and another, younger son, Usman, who by then were both shareholders in the business and were supportive of their mother.
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As a result of this fallout – which Judge Stephen Davies said “appeared to be irreversible” – Tariq was removed as a director.
A judge has ruled that the property and 50% of the company must go on sale / Credit: Royal Nawaab
With the future of the business left hanging in the balance, the judge stated that the “most sensible way forward” was to have an expert valuation on the restaurant premises so that Tariq’s interests and partnership assets could be sold – but Tariq then said that he wanted the Stockport Road property sold on the open market.
Then, in an unexpected turn of events, Tariq offered to buy out Mahboob for £2.2 million back in March, but this was rejected by Mahboob’s lawyers who said said it was “unacceptable” for any third party to acquire Mahboob’s share.
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The lawyers also said that they didn’t think it was a genuine offer “since Tariq had no obvious means of funding the purchase”.
With Tariq pressing for the business to be sold off, and Mahboob still wanting to buy Tariq out, Judge Stephen Davies decided on the compromise that the property should be sold according to the court’s terms, and that if no sale proceeds Mahboob should buy out Tariq.
Judge Davies ordered a “full and fair” valuation of the property and the business so that Tariq, Mahboob and any of the other defendants can make bids “as should any third party who wishes to do so”, adding however that any “independent” selling agent or solicitor charged with the “conduct of the sale” should be under “no obligation to publicise” it.
In order to “prevent injustice”, the judge set terms that mean Mahboob can acquire the property and the shares at the court’s valuation if others drop out after making bids above that price.
The buffet restaurant has been a hotspot for Asian cuisine since it opened back in 2003 / Credit: Royal Nawaab
“The court has a discretion not only as to whether or not to order a sale, but also the manner in which any sale should be conducted,” Judge Davies said.
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“That is particularly important in this case, since in my judgement there is a very real likelihood that Tariq’s true motive in pressing for an order for sale is to attempt to increase the price by engineering a bidding war, and I am satisfied that it is necessary to ensure that the provisions in relation to any sale should be tailored so far as reasonable to prevent him from doing so with impunity.”
Featured Image – Royal Nawaab
UK News
A Greater Manchester neighbourhood has been named one of the ‘coolest’ in the UK
Clementine Hall
A neighbourhood in Great Manchester has been crowned one of the coolest in the country – and this time, it’s not Ancoats.
Every year, we wait with bated breath to see which UK neighbourhoods have made the cut in Time Out’s annual ranking of the coolest places in the world.
But, as it turns out, Britain is just so damn cool that we’ve earned a list of our own.
In its latest guide, ’11 Coolest Neighbourhoods in the UK’, Time Out has rounded up the places across the country that are really making a name for themselves.
Images: The Manc
And one neighbourhood here in Greater Manchester has made the cut, and although you’d immediately think of Ancoats that has made its way to similar lists before, this time there’s a newbie on the block.
Coming in at a very respectable fourth place, Stockport and the Underbanks received a glowing report in the coveted list.
Images: The Manc
Are we surprised? Not one bit.
We love Stockport for its flourishing food scene, cool community vibe and ever-growing roster of independent businesses – not to mention its brilliant mix of old-school charm and new-school cool.
It’s a place that feels like it’s constantly evolving, without losing the character that made people fall in love with it in the first place. And clearly, Time Out agrees.
Images: The Manc
Kyle MacNeill, contributing writer, said: “If you live anywhere near Manchester, you may have heard this one on the rumour mill: ‘Stockport is The New Berlin’. It’s a gag, alright: the humble market town hasn’t got a club, let alone the most hedonistic nightlife scene in the world. But it is true that SK is rapidly becoming the place-to-move-to for the Second City’s creatives, thanks to cheaper rent and some serious suburban tenacity.
“The Underbanks, a cobbled high street once home to hat-makers and hosiers, has been transformed into a bustling hub of forward-thinking vendors, while various local institutions have embraced Euro-style cafe culture, midcentury decor, sustainable fine-dining, small plates snacking and chic drinking dens. All of which, actually, come to think of it, is very Berlin… “
High praise indeed, you can read the full list of the UK’s coolest neighbourhoods here.
Remarkable Lake District rescue of dog missing for THREE WEEKS
Daisy Jackson
A dog who was missing for almost three WEEEKS in the Lake District has, miraculously, been rescued.
Little Teddy went missing on 2 August, disappearing from his owner on Helvellyn.
Volunteers from Keswick Mountain Rescue Team spent the following weeks searching for the scrappy dog, with one eventually hearing him barking from Dry Gill.
The poor dog had got stuck in the gill in a dangerous location that required a full team of seven to bring him to safety.
Remarkably, Teddy appeared to be uninjured, though he had lost quite a bit of weight after three weeks living wild on the fell.
His rescuers gave him a small amount of food before securing him in a rucksack and carrying him back to Swirls car park.
The whole rescue took around three and a half hours, when Teddy was reunited with his very relieved owner and taken to the vets.
Teddy making his way down from HelvellynTeddy the dog was part of a rescue mission in the Lake DistrictTeddy was rescued after three weeks missingCredit: Keswick Mountain Rescue
Keswick Mountain Rescue said: “The team are absolutely delighted to share this update, as the news of this missing dog had deeply affected so many people across our local community.
“A remarkable outcome after nearly three weeks on Helvellyn, and a huge well done to everyone who kept searching and never gave up on Teddy.”
The mountain rescue team is funded entirely through donations – you can use ‘Buy me a coffee’ to make a small donation HERE, or donate the normal way HERE.
The Manc -
7th June 2021 
