26 Jun 2002
FINEDON INTERNATIONAL LTD. v. PROFIT CHART INDUSTRIES LTD. AND OTHERS
- Citation
- FINEDON INTERNATIONAL LTD. v. PROFIT CHART INDUSTRIES LTD. AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP6549/2001
The Court found it impracticable to call a quorate EGM because the 1st and 2nd Defendants refused to attend; exercising its discretion under s.114B the Court ordered a meeting with a one-member quorum limited to considering, inter alia, replacement of the director Wu by a person to be appointed by the Plaintiff, and declined to decide substantive rights under the Shareholders Agreement or Supplemental Deed at this stage.