22 Jan 2014
ORIENT FLIGHT COMPANY INC v. FOSTER INDUSTRIES COMPANY LTD AND OTHERS
- Citation
- ORIENT FLIGHT COMPANY INC v. FOSTER INDUSTRIES COMPANY LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2682/2012
The court granted the inspection applications in part: on the available material there was a proper case to investigate (and thus a proper purpose) in relation to (a) allegations of unjustified excessive directors' remuneration, (b) the alleged missing dividend of RMB1,120,416.74 from Shenzhen Fifu, and (c) alleged irregularities in Masterwise's failure to prepare group/consolidated accounts; but refused inspection insofar as it related to opaque transactional complaints about the land sale and factory relocation, the Tsuen Wan property sale (save for documents specifically identified), the I…