28 Jan 2025
YU YINING v. HMVOD LTD
- Citation
- [2025] HKCFI 502
- Court
- Court of First Instance
- Case number
- HCA1347/2021
Defendant breached Clause 1.4 of the Deed by instructing the share registrar to withhold processing of Plaintiff's request and by failing to approach Plaintiff or take reasonable follow-up steps after BAL's report, thereby preventing Plaintiff from depositing the share certificate into CCASS and trading the shares; appropriate remedies are a declaration of ownership, a mandatory order to procure deposit within 35 days, damages for diminution in value (HK$11,456,336 to 22 Jan 2025) with specified interest, and indemnity costs to the Plaintiff.