23 Jun 2010
KIRPALANI ARJAN MANGHARAM v. M KIRPALANI (HK) LTD AND ANOTHER
- Citation
- KIRPALANI ARJAN MANGHARAM v. M KIRPALANI (HK) LTD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCCW618/2009
Leave to amend the petition was granted except for the unspecified threat allegation (paragraph 38); the winding up relief was struck out because on the pleaded facts and evidence there was no real prospect of a winding up order — alleged misuses were modest and could be addressed in a buyout valuation, the company has substantial assets and is not insolvent, and a buyout under s168A is an adequate and enforceable alternative remedy.