27 Mar 2007
WU IH CHEN AND OTHERS v. TA TANG SILICONE RUBBER INDUSTRIAL CO LTD
- Citation
- WU IH CHEN AND OTHERS v. TA TANG SILICONE RUBBER INDUSTRIAL CO LTD
- Court
- Court of First Instance
- Case number
- HCMP448/2007
The court found the omissions were inadvertent and not wilful, there was no demonstrated prejudice to shareholders, most shareholders had knowledge of the financial position and had consented, and the statutory remedies under ss.111(2) and 122(1B) were available; therefore the court exercised its discretion to grant the applications to regularise the failures to hold AGMs and to lay accounts.