13 Apr 2017
DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Citation
- DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1527/2013
The interim stay application was dismissed because the Majority Shareholders failed to show good reason under the established Star Play approach; they produced no evidence that the Petitioner would be unable to repay the buy‑out sum or wasted costs if the appeal succeeded; delay to valuation for the shorter and uncertain period to seek a stay was unjustified. Costs of the interim stay summons were ordered to the Petitioner (costs nisi) and the costs of the earlier leave and stay summons were to be taxed on a common fund basis.