17 Apr 2019
HO WING HUNG v. INTELL MOTOR TRADING LTD
- Citation
- [2019] HKCFI 1013
- Court
- Court of First Instance
- Case number
- HCA183/2016
The court accepted that the plaintiff paid the contract price and that the defendant failed to effect the transfer of the entire shareholding as required by the Sale and Purchase Agreement; the increase in nominal capital and allotment to a third party was not authorised by the Agreement and did not discharge the defendant's obligation to transfer, entitling the plaintiff to judgment and appropriate remedial orders.