23 Apr 2019
RE YANG WANG JIAN
- Citation
- [2019] HKCFI 1234
- Court
- Court of First Instance
- Case number
- HCCW88/2019
The application was dismissed because the petitioner failed to prove that the Company's assets were in jeopardy; evidence provided (including the financial adviser's opinion and illiquidity of shares) was insufficient; petitioner delayed and had previous material non-disclosure; petitioner had not shown he could satisfy an undertaking for damages and alternative remedies (mandatory or prohibitory injunctions) were available, making provisional liquidation disproportionate.