17 Aug 2015
ZHI CHARLES v. KIM YOUNG JUN AND OTHERS
- Citation
- ZHI CHARLES v. KIM YOUNG JUN AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1821/2015
The summons for an interim injunction was dismissed because the plaintiff failed to demonstrate a high likelihood of success on the core allegations (invalidity of the Third Convertible Notes and fraudulent audit reports) and the balance of convenience favoured allowing the AGM to proceed given the company's statutory need to hold meetings, absence of compelling admissible evidence or expert proof and the compensable nature of the plaintiff's alleged loss by damages.