20 Feb 1997
LAW SIU HONG ALBERT AND OTHERS v. CHEUNG KIN PING AND OTHERS
- Citation
- LAW SIU HONG ALBERT AND OTHERS v. CHEUNG KIN PING AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW103/1995
The court held that ordering the 1st and 2nd Respondents to purchase the Petitioners' shares was appropriate relief under s168A where mutual trust and management participation had broken down; valuation should be the same price paid for the 3rd and 4th Respondents (HK$6.67 per share, reflecting HK$300,150 paid for each of those shareholdings) and the Petitioners are entitled to repayment of their directors' loans as quantified in the audited ledgers; costs and interest from 30 October 1994 were to be borne by the 1st and 2nd Respondents and similar nisi orders were to issue against the 3rd an…