12 Sept 2013
ZHONG ZHIRONG v. BOLD PACIFIC LTD
- Citation
- ZHONG ZHIRONG v. BOLD PACIFIC LTD
- Court
- Court of First Instance
- Case number
- HCMP548/2013
Yuen's appointment was valid under the articles and regulation 56; the allegations against Chan concern losses of the subsidiary Bi Yi and are barred by the reflective loss principle and unsupported by evidence; the alleged seizure and loss likewise relate to Bi Yi and the board acted within its authority to protect company IP; therefore there is no serious issue to be tried and it is not in the company's interest to grant leave under s168BC, so the application is dismissed.