7 Sept 2001
LAW WAI DUEN v. BOLDWIN CONSTRUCTION CO. LTD. AND ANOTHER
- Citation
- LAW WAI DUEN v. BOLDWIN CONSTRUCTION CO. LTD. AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV1835/2001
The Court of Appeal held that directors have an automatic right to inspect company books and to take copies (including via appointed accountants) which should only be restrained where there is proof of intended abuse or likely material damage; the judge below was wrong to infer abuse from the circumstances; plaintiffs demonstrated no evidence of misuse and were entitled to inspect; a director who passively defers to another and thereby prevents inspection may breach directorial duties.