23 Nov 2000
NG YAT CHI v. MAX SHARE LTD. AND ANOTHER
- Citation
- NG YAT CHI v. MAX SHARE LTD. AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV204/2000
Appeal allowed and winding‑up order set aside because petitioner failed to establish just and equitable grounds: he had abandoned his management role and any special relationship, his deliberate dishonest conduct in siphoning company profits destroyed the mutual trust relied upon, he lacked the necessary tangible interest, and the 1992 rights issue was a legitimate, necessary capital rescue not unfairly prejudicial.