21 May 2025
CHINA STEM CELLS (SOUTH) COMPANY LTD (INCORPORATED IN THE BRITISH VIRGIN ISLANDS) v. ZHENG TING AND OTHERS
- Citation
- [2025] HKCA 326
- Court
- Court of Appeal
- Case number
- CACV82/2024
The Court upheld the trial judge's findings that the impugned transfers, allotments and appointment resolutions were created on or after 29 September 2022 and backdated to 12/13 September 2022 (and thus void for want of authority or voidable for breach of fiduciary duty); the judge was entitled to consider evidence concerning the 2019 Security Arrangement insofar as it impacted credibility and the fiduciary-duty issues; any misstatement about evidential burden did not affect outcome because the appellants' evidence was rejected on credibility; PIML's pleading objection and argument of unfairn…