11 Nov 1975
SO KWAN NANE AND OTHERS v. KOWLOON STOCK EXCHANGE LTD AND OTHERS
- Citation
- SO KWAN NANE AND OTHERS v. KOWLOON STOCK EXCHANGE LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA1018/1975
The court held that the statement of claim disclosed triable issues on whether the loan and the share purchase were ultra vires or authorised investments and whether the plaintiffs or the company were the proper plaintiffs, and therefore refused to strike out the claim except for limited deletions of claims properly vested in the Company; these matters require full trial to resolve.