16 Nov 1998
MIRACLE CHANCE LTD. v. YUK WAH HO DAVID
- Citation
- MIRACLE CHANCE LTD. v. YUK WAH HO DAVID
- Court
- Court of First Instance
- Case number
- HCA5544/1998
The appeal is dismissed because the Articles vest management in the directors and there was no valid board or members resolution authorising the proceedings; members cannot override Articles; the Joint Venture Agreement required specific director approvals for claims over US$5 million; therefore the plaintiff was not duly authorised to bring the claim.