18 Jun 2009
CONSTELLA LTD v. SUPER EASTERN LTD AND OTHERS
- Citation
- CONSTELLA LTD v. SUPER EASTERN LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW176/2006
The court found the parties' relationship was essentially commercial and not a quasi-partnership; although there was a mutual understanding as to equal board representation, the conduct complained of (including the director substitution episode, use of Well River, withholding cheques/income and alleged diversion) did not amount to a breach sufficient to justify winding up. Both sides contributed to the breakdown; petitioners bore greater responsibility. Accordingly the petitions were dismissed and costs ordered against the petitioners.