9 Sept 2005
LEUNG ALFRED CHEUKWAH v. UNITY INVESTMENTS HOLDINGS LTD
- Citation
- LEUNG ALFRED CHEUKWAH v. UNITY INVESTMENTS HOLDINGS LTD
- Court
- Court of First Instance
- Case number
- HCMP1885/2005
The court found no serious question to be tried as to breach of directors' duties based on share price decline or asset reduction and held there is no legal principle prohibiting connected shareholders from voting that would justify an interlocutory injunction; accordingly the balance of convenience did not favour restraint and the application was refused.