13 Jul 2011
LEHMAN & CO MANAGEMENT LTD v. EFFISCIENT LTD AND ANOTHER
- Citation
- LEHMAN & CO MANAGEMENT LTD v. EFFISCIENT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCCW377/2010
The court refused the petitioner's application under s152FA because petitioner failed to satisfy the composite requirement of acting in good faith for a proper purpose given delay, prior nominee director conduct, and evidence of fishing/harassment; even if jurisdiction existed the court would have exercised its discretion against the application. Specific discovery requests were largely disallowed as overbroad, unnecessary or already met by disclosed audited accounts and schedules; a few narrowly defined classes on the cross‑petitioner summons required further affidavit(s) but most classes we…