17 May 2021
RE HSIN CHONG CONSTRUCTION CO LTD
- Citation
- [2021] HKCFI 1295
- Court
- Court of First Instance
- Case number
- HCCW239/2018
The Court granted a stay because the validity of the Takeover Notice and related disputes are within the scope of the JVA's arbitration clause and are properly for the arbitrator to decide; exercising its case management and inherent jurisdiction, and applying the balance of convenience and fairness, the Court held that proceeding on those parts of the summons would usurp the arbitrator and waste resources, and therefore paras 1, 1A, 2, 3, 4, 4A and 4B of the Yau Lee Summons were stayed pending final determination of the arbitration; payments agreeable to both parties may be made by consent b…