5 Sept 2011
LEE LEUNG NANG STEWART AND OTHERS v. LI CHUNG SHING TONG (HOLDINGS) LTD
- Citation
- LEE LEUNG NANG STEWART AND OTHERS v. LI CHUNG SHING TONG (HOLDINGS) LTD
- Court
- Court of First Instance
- Case number
- HCMP1516/2010
The court granted leave under s168BC because plaintiffs had served notice, established prima facie that proceedings were in the company's interest and disclosed serious questions to be tried given evidence of contamination and outsourcing failures implicating senior management and a director; the application to appoint an independent professional accountant under s168BG was refused because existing investigations and available material were, on the facts, sufficient and appointment was not necessary; plaintiffs' costs of the leave application were ordered to be paid by the company while indem…