19 May 2023
POON KA MAN JASON v. CHENG WAI TAO AND OTHERS
- Citation
- [2023] HKCA 676
- Court
- Court of Appeal
- Case number
- CAMP114/2022
Court allowed the appeals: held the judge erred in excluding the transferees' registered votes and in concluding the company could accept a sanctioned payment under Order 22; on facts the Share Transfers were genuine and their votes should be counted; while Order 22 is directed to the named plaintiff, the Court had power under Order 22A to order payment out of the $40,000,000 to the company in full and final settlement; accordingly ordered payment out to the company and made consequential costs directions.