20 Mar 2003
RE RATONAL INDUSTRIAL LTD
- Citation
- RE RATONAL INDUSTRIAL LTD
- Court
- Court of First Instance
- Case number
- HCCW1193/2002
The court dismissed the application to strike out or stay: there is a serious triable issue whether the alleged forfeiture of Ciba's shares was valid or procured in bad faith, and the court should not strike out the section 168A petition nor require locus to be determined in other proceedings given overlap of issues; the conclusive-evidence provision does not preclude a challenge where bad faith is alleged.