26 Mar 2020
SCANTY INVESTMENT CO AND ANOTHER v. BRILLIANT FUNCTIONS LTD AND OTHERS
- Citation
- [2020] HKCFI 498
- Court
- Court of First Instance
- Case number
- HCCW190/2018
The strike-out application was dismissed because the petitioners provided an undertaking not to commence BVI unfair prejudice proceedings, removing prejudice to respondents; however the court held as a legal proposition that where a company is incorporated abroad, has no place of business in Hong Kong and equivalent buy-out remedies exist at the place of incorporation, petitioners should ordinarily be required to pursue relief there unless it is unreasonable to do so or the respondents cannot effect a buy-out.