29 Jul 2024
HANG HEUNG CAKE SHOP COMPANY LTD v. CHENG HUNG KIT
- Citation
- [2024] HKCFI 1982
- Court
- Court of First Instance
- Case number
- HCIP61/2020
The summons was dismissed because the Consolidated Actions do not presently negate the Plaintiff's authority to sue: the Consent Order permits Tasty and Federal to manage the company and exercise shareholder/director rights; the attempted challenge to the 2nd Shares Allotment was previously refused and would leave Tasty and Federal as majority shareholders even if some transactions were set aside; the present infringement claim can be pursued by the company irrespective of pending challenges to share transfers; staying or striking out would not serve the ends of justice and would prejudice th…