21 Apr 2021
LAM KWOK KAI v. ORIENT VENTURE INVESTMENT LTD AND ANOTHER
- Citation
- [2021] HKCFI 1183
- Court
- Court of First Instance
- Case number
- HCCW419/2019
The petition was struck out because, even treating pleaded facts as true, it failed to allege facts sufficient to engage the court's jurisdiction under s724 or to justify winding-up relief: lawful termination of employment and exclusion from management do not by themselves constitute unfair prejudice absent pleaded agreement or equitable basis (quasi-partnership/legitimate expectation), and complaints about management duties were more appropriately pursued by derivative action; further a winding-up order was not realistically obtainable given the respondents' ability to finance purchase of th…