7 Jan 2025
C1 AND OTHERS v. IBS
- Citation
- [2025] HKCFI 227
- Court
- Court of First Instance
- Case number
- HCCT32/2024
The court held the tribunal's findings were within the scope of the arbitration because the construction of SPA s7.2 and the AAA/Plan and the question whether Mr Z ever acquired beneficial ownership of the ManCo share were live issues pleaded in the SODC and listed in the Agreed List; those findings were necessary to determine the validity of the 2016 and 2020 transfers and related appointments; the respondents had a reasonable opportunity to present their case; there was no denial of due process nor any public policy breach; accordingly the setting aside application failed and enforcement wa…