27 Jul 2007
NG WING HONG v. CHOI TAK LAN AND OTHERS
- Citation
- NG WING HONG v. CHOI TAK LAN AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2275/2006
The court ordered that annual general meetings be convened for the three companies under its s114B/s111 powers because it was impracticable for the companies to hold meetings; it is necessary to maintain the status quo pending adjudication of Choi's substantive challenges, so the court required equal nomination of directors by the two camps and imposed restraints/undertakings preventing Ben Ng and his nominees from exercising powers (including exclusion of other directors or altering capital/constitution) until undertakings were delivered; Choi proceedings were adjourned for substantive heari…
- Court‑ordered meetings (s114b)
- Annual general meeting obligations (s111)
- Validity of share allotment and egms
- Quorum and directors' appointments
- Maintenance of status quo
- Restraints on directors/power of majority