20 May 1987
SIMON FIREMAN v. GOLDEN RICE BOWL LTD
- Citation
- SIMON FIREMAN v. GOLDEN RICE BOWL LTD
- Court
- Court of First Instance
- Case number
- HCMP716/1987
Application dismissed because the court was satisfied the directors had validly and bona fide exercised their discretion under article 6 in the interests of the private company; the proposed registration would have allowed a stranger to acquire undue influence via shares charged as security and would alter the company's character; additionally s69(1B) did not retrospectively validate a registration application refused before its commencement, therefore the applicant's case was not well founded.