16 Jan 2001
TSE WING YIN, IRENE v. CHAN WAI KEUNG AND ANOTHER
- Citation
- TSE WING YIN, IRENE v. CHAN WAI KEUNG AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP5085/2000
The court exercised its discretion under s114B to order an EGM because it was impracticable to convene a valid shareholders meeting due to director deadlock and the respondents' failure to pay their agreed capital contributions; allegations of misconduct against the applicant were not substantiated on the papers and could be addressed by requiring protective undertakings, thereby justifying the court-ordered meeting and appointment of two additional directors with safeguards.