28 Oct 2022
ABSOLUTE SKILL HOLDINGS LTD v. KIM JUN YEOB AND OTHERS
- Citation
- [2022] HKCFI 3328
- Court
- Court of First Instance
- Case number
- HCMP526/2022
The chairman’s disqualification of Absolute’s votes at the 1st EGM was set aside because the decision was made in bad faith and for the improper collateral purpose of entrenching the incumbent directors; the 2nd EGM convened by Absolute was valid and its resolutions stand; the AGM convened by persons who, in law, had ceased to be directors and which was convened for an improper purpose is invalid; Ps’ proprietary claim under PRC‑governed SIHAs does not raise a serious issue to be tried as pleaded (PRC law does not support the common law trust construct for these facts) and there was material…