6 Sept 2016
WONG CHAK SHAM v. CTRISKS RATING LTD
- Citation
- WONG CHAK SHAM v. CTRISKS RATING LTD
- Court
- Court of First Instance
- Case number
- HCMP1384/2016
Because the shareholders were fully apprised of the company’s financial position, audited accounts existed and were circulated albeit outside formal general meetings, the failure to convene AGMs was a technical and inadvertent administrative lapse arising from delegation, and the company had made SFC filings and steps to ensure future compliance, the court exercised its discretion to grant relief under sections 111 and 122 of Cap 32 and section 610 of Cap 622.