Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Authority of directors / shadow director
  • 25 Nov 2024

    TOP INTEGRATED GROUP LTD v. ZHENGTAN HOLDINGS LTD

    Citation
    [2024] HKCFI 3392
    Court
    Court of First Instance
    Case number
    HCCW109/2024

    The court exercised its s.52A jurisdiction to join Mr Wong for costs and ordered him to pay the Petitioners' costs of the Companies' opposition to the Continuation Summonses from 27 Feb 2024 and the Discharge Summonses on an indemnity basis because the evidence in the PLs Decision established he was substantially involved and would benefit if the Appointment Orders were set aside; the court further ordered a wasted costs indemnity against KBCC for acting without proper authority, ignoring detailed warnings and failing to obtain or produce counsel advice, such conduct causing wasted costs.