25 Nov 2002
TAI FUNG INVESTMENT CO., KAM WING LAM v. GAINMEN DEVELOPMENT LTD.
- Citation
- TAI FUNG INVESTMENT CO., KAM WING LAM v. GAINMEN DEVELOPMENT LTD.
- Court
- Court of First Instance
- Case number
- HCA8669/1998
Appeal dismissed because the application for leave under s.186 was procedurally misplaced (should have been made in the winding-up proceedings) and, on the merits, the company lacked funds and the plaintiff is merely an unsecured creditor; continuation would be futile and the court will not exercise its discretion to allow the action to proceed.