29 Oct 2009
BEATRICE TSANG SAU HING AND ANOTHER v. YEUNG MAN LOONG MAXLY AND OTHERS
- Citation
- BEATRICE TSANG SAU HING AND ANOTHER v. YEUNG MAN LOONG MAXLY AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV24/2009
The Court upheld the judge's finding that the provisional liquidators' undocumented decisions to cease company operations, channel funds through a respondent's personal accounts and to operate via Long Summer on a 5% commission without consulting the petitioners or seeking court directions objectively caused the petitioners reasonably to lose confidence and to have grounds for perceiving bias; after weighing the liquidation's interests the judge validly exercised his discretion to remove them, so the appeals were dismissed.