29 May 2008
KWOK KWAI KONG v. LO KWING CHIU AND OTHERS
- Citation
- KWOK KWAI KONG v. LO KWING CHIU AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP592/2008
The application is dismissed because section 114B is a procedural power and is not an appropriate vehicle to resolve a shareholding deadlock or to alter substantive voting rights by reducing quorum or appointing a chairman to break an equal-share deadlock; the applicant invoked the wrong procedure and alternative remedies (derivative action or s.168BC) were available.