Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Directors’ duties and remuneration

Legal area

Court

22 Jan 2014

LEUNG CHUNG PUN v. MASTERWISE INTERNATIONAL LTD AND OTHERS

Citation

LEUNG CHUNG PUN v. MASTERWISE INTERNATIONAL LTD AND OTHERS
Court

Court of First Instance
Case number

HCMP2681/2012

Court granted inspection under s.152FA in part: plaintiffs permitted to inspect company records in respect of (a) alleged excessive directors' remuneration (complaint 1), (b) the missing dividend of RMB 1,120,416.74 from Shenzhen Fifu (complaint 3), and (c) alleged failure to prepare group/consolidated accounts (complaint 4) insofar as records form part of the companies' current records. The court refused inspection in respect of the sale and relocation transactions (complaint 2), the banking charges surge (complaint 5) and the IRD tax dispute. Orders were made against the 1st Defendants (the…
8 Dec 2003

LAM SUM PO v. KAM FAI ELECTROPLATING FACTORY LTD AND OTHERS

Citation

LAM SUM PO v. KAM FAI ELECTROPLATING FACTORY LTD AND OTHERS
Court

Court of First Instance
Case number

HCCW534/2000

On the evidence the petitioner was a nominee shareholder with no beneficial interest in the company shares and therefore lacked locus to bring a s.168A petition; alternatively, even if beneficial ownership were assumed, the petitioner failed to prove unfairly prejudicial conduct by the respondents given petitioner’s misconduct, lawful corporate acts and objective justification for directors’ remuneration; petition dismissed with costs.