12 Nov 2013
LEUNG CHUN WAH v. WILLAS-ARRAY ELECTRONICS MANAGEMENT LTD
- Citation
- LEUNG CHUN WAH v. WILLAS-ARRAY ELECTRONICS MANAGEMENT LTD
- Court
- Court of First Instance
- Case number
- HCMP1502/2013
Relief was granted for all applications because the court was satisfied on the evidence that affected shareholders were aware of the companies' financial positions or were not prejudiced, the primary defaults (including the 2007 accounts) were inadvertent (auditor delays and professional oversight), and adequate measures were in place to secure future compliance, thus justifying exercise of the discretion under s111(2) and s122(1B).