15 Dec 2020
SHENZHEN HONEYCOMB SYSTEM CO LTD v. HCT TECHNOLOGIES (HONG KONG) CO., LTD
- Citation
- [2020] HKCFI 3076
- Court
- Court of First Instance
- Case number
- HCCT20/2019
The appeal lacks reasonable prospects of success because the Decision correctly held that Jin was the validly registered Legal Representative with authority to institute proceedings for SHS under Mainland law; the majority shareholders' opposition was immaterial absent steps to change the Legal Representative; accordingly the stay is refused unless the respondent pays the Award into court by the specified deadline, in which case a stay will be granted pending appeal.