3 Nov 2021
DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Citation
- [2021] HKCA 1629
- Court
- Court of Appeal
- Case number
- CACV169/2017
The Court refused leave to appeal because the proposed grounds were fact-specific and did not raise questions of great general or public importance or have reasonable prospects of success; it upheld the implication that shareholders may terminate a manager's appointment for cause, found petitioner's misconduct (including transfer of over HK$1.2m) justified removal and negated unfair prejudice so no buy-out remedy arose; consequently the motion was dismissed and the costs variation in favour of the Majority Shareholders was granted and directed to be assessed as ordered.