18 Sept 2017
BRAVE VENTURE LTD v. XINHUA NEWS MEDIA HOLDINGS LTD AND OTHERS
- Citation
- BRAVE VENTURE LTD v. XINHUA NEWS MEDIA HOLDINGS LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1901/2017
The Court held the Nomination Notices complied with Article 116 and were valid; the Company breached Article 116 by treating the notices as invalid and refusing to give effect to the Plaintiff's contractual rights under the Articles. Given the Plaintiff's strong prima facie case and likelihood of success, a mandatory interim injunction was justified under ss 728-730 ordering the Company to take steps to enable the Proposed Directors to be considered at the AGM and to issue the requisite announcements/circulars by the specified deadline.