11 Apr 2006
WONG KAM SAN AND OTHERS v. ZHAO KAI INVESTMENT LTD.
- Citation
- WONG KAM SAN AND OTHERS v. ZHAO KAI INVESTMENT LTD.
- Court
- Court of First Instance
- Case number
- HCA1653/2004
The court found the 1st plaintiff credible and proved on the balance of probabilities that the 74 shares registered in the 1st defendant and the one share registered in the 2nd defendant were held on trust for the 1st plaintiff; accordingly declarations of trust, orders for transfer of the shares, injunctive relief and costs were made; the defendants' account of an investor (Zhao) and related funding was disbelieved, and the 1st defendant's counterclaim for HK$4.2m was dismissed.