30 Oct 1991
THE SECURITIES AND FUTURES COMMISSION v. THE STOCK OF EXCHANGE OF HONG KONG LTD.
- Citation
- THE SECURITIES AND FUTURES COMMISSION v. THE STOCK OF EXCHANGE OF HONG KONG LTD.
- Court
- Court of First Instance
- Case number
- HCMP3225/1991
The court held that the phrase 'not less than 21 days' in Companies Ordinance s.116 requires 21 clear days exclusive of both the day of service and the day of the meeting; English common law computation rules govern and Cap.1 does not displace that construction; consequently the notice served was insufficient and any special resolution purportedly passed would be ineffective absent the statutory exception.