15 Mar 2018
LAM KIN CHUNG v. SOKA GAKKAI INTERNATIONAL OF HONG KONG LTD
- Citation
- [2018] HKCFI 747
- Court
- Court of First Instance
- Case number
- HCMP1002/2017
The court found that the draft pleadings disclosed serious questions to be tried in relation to the two property transactions and granted leave to pursue those claims on behalf of the company, but refused leave in relation to the claims concerning payments to directors and contracts with Hang Foong because, on balance, those matters were likely to have been and would properly be resolved in the company’s favour by the board/members (and effectively released) and it was not in the company’s interests to pursue them; the EGM resolutions were given limited weight because members were not adequat…