21 Aug 2009
CINMEDIA INC. v. EAR MEDIA LTD
- Citation
- CINMEDIA INC. v. EAR MEDIA LTD
- Court
- Court of First Instance
- Case number
- HCMP1399/2009
Relief was granted because the defaults were inadvertent rather than wilful, no prejudice to shareholders or creditors was shown, adequate remedial measures and assurances were provided, and therefore the court exercised its discretion under the Companies Ordinance to grant orders to rectify the defaults.
- Failure to hold annual general meeting
- Failure to lay profit and loss accounts
- Rectification of statutory defaults
- Relief under companies ordinance sections 111(2) and 122(1b)