5 Jun 2003
MAK KWOK SING v. INTER-ASSOCIATION PHYSIOTHERAPY CENTRE LTD AND OTHERS
- Citation
- MAK KWOK SING v. INTER-ASSOCIATION PHYSIOTHERAPY CENTRE LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW1229/2001
The petitioner failed to prove unfairly prejudicial conduct: withholding remuneration was an objectively reasonable measure for cashflow/tax reasons and applied to all shareholder-directors; petitioner’s alleged breaches and prima facie misconduct (failure to account and formation of a rival company) justified limiting his access to company documents and defeated his claim to a buy-out order under s.168A; no just and equitable ground for winding up under s.177(1)(f) was established. Accordingly the petition is dismissed and costs awarded against the petitioner.