29 Jan 2008
CHAN KAM SHING AND ANOTHER v. MERIDIAN FINANCE COMPANY LTD
- Citation
- CHAN KAM SHING AND ANOTHER v. MERIDIAN FINANCE COMPANY LTD
- Court
- Court of First Instance
- Case number
- HCMP2568/2007
The court granted the applications because, in each case, shareholders were not prejudiced, the defaults were inadvertent and the directors are now aware and likely to comply with the obligation to lay audited accounts in future; absence of Inland Revenue correspondence did not prevent granting the relief but the court recorded that such evidence should be provided in future similar applications.
- Extension of time
- Laying accounts at annual general meeting
- Section 122(1) companies ordinance
- Regularisation of non-compliance