26 Jun 2024
CHUNG SHUN YING AND ANOTHER v. WONG WAH ON AND OTHERS
- Citation
- [2024] HKCFI 1281
- Court
- Court of First Instance
- Case number
- HCMP152/2022
The court found that cumulative breaches of duty and systemic mismanagement by R1–R3 (including wrongful appointment of R2, unjustified high payments to Right Point and KC, improper award of interest payments including HK$3m to R1, and defective member recruitment/removal practices) amounted to unfairly prejudicial conduct under s724 CO. The court granted declarations and prospective remedial directions (including declarations that R2 is not a member nor EC member and that his appointment was wrongful; requirements that removals and admissions be re-scrutinised by a legitimately constituted E…