26 Jan 2007
CHRISTIAN EMIL TOGGENBURGER v. BEAUFORTE INVESTORS CORPORATION LTD AND OTHERS
- Citation
- CHRISTIAN EMIL TOGGENBURGER v. BEAUFORTE INVESTORS CORPORATION LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP37/2007
The court found there was a compelling case that the 27 December 2006 notice was unreasonably short in the holiday context and did not afford directors a fair opportunity to attend; the removals of Hess and Saxer were likely invalid because a board resolution is required under Art.101(A)(iii) and attempted attendance on 20 December 2006 interrupted any six‑month absence; the non-disclosures at the ex parte stage were not material to justify vacating the injunction, and accordingly the ex parte interim injunction was continued pending trial.