28 Apr 1995
ONG KIM YIM, MARY v. SHEECON TRADING COMPANY LIMITED AND OTHERS
- Citation
- ONG KIM YIM, MARY v. SHEECON TRADING COMPANY LIMITED AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP780/1995
There were no directors in office after the statutory retirement date because no AGM was held within the required period; in the absence of any director the Table A Article 88 cannot validate subsequent notices, meetings, appointments or allotments; consequently the appointment of the company secretary on 5 September 1988, the directors meeting and AGM of 18 October 1988 and the allotment of shares are void; the action is not barred by Limitation Ordinance s.4 as it is not an action on contract.