18 Jul 1978
CHAN FUNG-YUK v. HONG KONG SHAUKIWAN TSUI KING LAU RESTAURANT LTD
- Citation
- CHAN FUNG-YUK v. HONG KONG SHAUKIWAN TSUI KING LAU RESTAURANT LTD
- Court
- Court of First Instance
- Case number
- HCA527/1978
The alleged AGM resolution did not lawfully defer repayment because its proper construction was merely to consider repayment when the company's finances improved, it did not bind the plaintiff to postpone his right, and the court found the minutes recording such a resolution had been fabricated/altered; accordingly the defence failed and judgment was entered for the plaintiff for the loan with interest and costs.