1 Nov 2017
CHINA CONSTRUCTION REALTY LTD v. LUCKY DRAGON LTD
- Citation
- CHINA CONSTRUCTION REALTY LTD v. LUCKY DRAGON LTD
- Court
- Court of First Instance
- Case number
- HCA1237/2012
Court found on the balance of probabilities that Jinan Co genuinely acquired and then sold the 60% Dalian Shares to Empire Star under a genuine Framework Agreement; Empire Star proved it paid substantial consideration funded by Zhang and Weng and applied sums to repay company debts; plaintiff failed to prove the transfers were made with intent to defraud or that Empire Star had notice; therefore s.60 relief failed, the claim dismissed and the interlocutory injunction discharged; contempt application failed for want of proof beyond reasonable doubt of personal service/notice to Zhang and mens…