18 Mar 2004
SILVER CITY INTERNATIONAL (HOLDINGS) LTD v. SINO LUCK INVESTMENT LTD AND ANOTHER
- Citation
- SILVER CITY INTERNATIONAL (HOLDINGS) LTD v. SINO LUCK INVESTMENT LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP5412/2003
Given the company had been effectively frozen without AGMs or annual statements since about 1997 and there was a deadlock making it impracticable to call a meeting, the court exercised its discretion under s114B and s111(2) to order an annual general meeting forthwith; the court refused to decide substantive disputes on the shareholders' joint management agreement but imposed the condition that resolutions disturbing equal board representation should not be placed or passed at the ordered meeting and held that removal of the president did not, on the material before the court, require unanimi…