10 Jul 2020
TSANG WOON MING v. LAI KA LIM also known as LAI KAI LIM AND OTHERS
- Citation
- [2020] HKCFI 1503
- Court
- Court of First Instance
- Case number
- HCCW407/2016
The petitioner failed to prove unfairly prejudicial conduct in the affairs of the company: the breakdown was principally caused by an impasse over completion of the PSPA and by Tsang's refusal to complete the sale; exclusion from management and non-repayment of loans were not unfair in the changed circumstances after Doers Youth took over; allegations of falsified employment contract and petty cash theft were not proved; Tsang's asserted conditional trust over the registered share in Noble was not proved but the court granted a declaration and vesting order in favour of Nobility; consequentia…