Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Disclosure of audited financial statements
  • 30 Jun 2022

    NATIONAL ENERGY INVESTMENT GROUP LTD v. CHIA TAI ENERGY MATERIALS LTD

    Citation
    [2022] HKCFI 1993
    Court
    Court of First Instance
    Case number
    HCMP762/2021

    The plaintiff, as a 49% registered shareholder, is entitled to the company's audited financial statements; documentary evidence (certificate of incumbency and register of directors) established Mr Shi as the sole director demonstrating authority to bring the proceedings; the plaintiff's stated purpose of preparing its audited financial statements is proper; accordingly the court ordered disclosure of the audited financial statements for 2016–2019 and future audited statements when available and required the company to affirm non-possession of other requested documents, and made no order as to…