22 Sept 2010
PENG HUI ZHOU v. HONG KONG TACHIBANA ELECTRONICS CO LTD AND OTHERS
- Citation
- PENG HUI ZHOU v. HONG KONG TACHIBANA ELECTRONICS CO LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1080/2008
The court rejected the petitioner's factual case that there was an agreement to remunerate him by dividends and that a quasi‑partnership existed; the shares were given as a customary recognition at par pursuant to Japanese practice and no enforceable expectation to dividends or management rights was proven; therefore the conduct complained of was not unfairly prejudicial under s168A and the petition was dismissed.