8 Dec 2004
K VISION INTERNATIONAL INVESTMENT (H.K.) LTD v. LAM YIN a female AND ANOTHER
- Citation
- K VISION INTERNATIONAL INVESTMENT (H.K.) LTD v. LAM YIN a female AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA2710/2004
The court held the action was validly constituted procedurally because the overwhelming majority shareholder (97%) may bring the company’s claim in urgency even without a directors' resolution; the question of substantive entitlement and the applicability of fraud/derivative exceptions must be decided on the evidence at interlocutory and substantive hearings.