26 Sept 2025
SOREMI INVESTMENTS LTD v. CHINA NATIONAL GOLD GROUP HONG KONG LTD AND ANOTHER
- Citation
- [2025] HKCFI 4514
- Court
- Court of First Instance
- Case number
- HCA797/2025
The SHA was a contractual document regulating the relationship between the two shareholders (CNG and Global); SIL was a non‑transacting party named to give effect to shareholder arrangements. The substance of SIL's claims is misappropriation and breaches of equitable/fiduciary duties by directors and associated torts, not disputes arising out of or relating to the SHA. CNG failed to establish a prima facie case that the arbitration clause in clause 13.17 covers those disputes; accordingly no stay under s20(1) was warranted and the summons for a stay was dismissed.