16 Aug 2017
SKY JOY INVESTMENT LTD v. ZHENG DUNMU AND ANOTHER
- Citation
- SKY JOY INVESTMENT LTD v. ZHENG DUNMU AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA395/2016
Li failed to demonstrate a sufficiently arguable case or real prospect of success because the plaintiff acquired an equitable interest by way of the Share Charge on 30 September 2015 which predated any equitable interest Li obtained upon exercise of options in September/November 2016; accordingly the default judgment insofar as it declared legal title and validated the contested new share certificates could not stand without evidence and was set aside and limited to a declaration of equitable interest only.