12 Nov 2013
LEUNG CHUN WAH v. ELITE VANTAGE LTD
- Citation
- LEUNG CHUN WAH v. ELITE VANTAGE LTD
- Court
- Court of First Instance
- Case number
- HCMP1497/2013
The court exercised its discretion to grant the relief sought for the Group I, II and III applications because, on the evidence, the relevant contraventions were in large part inadvertent or isolated, affected shareholders (or representative significant shareholders) were aware and not prejudiced, and satisfactory arrangements were in place to ensure future compliance; accordingly the orders regularising historic breaches of ss111 and/or 122 were appropriate to remove a genuine jeopardy to the ongoing listing process.