6 Apr 2022
MORNING RAY INVESTMENT CO LTD v. JINHUI INTERNATIONAL ENTERPRISE LTD
- Citation
- [2022] HKCFI 926
- Court
- Court of First Instance
- Case number
- HCMP1155/2021
The application was dismissed because the applicant had a director with a clear legal right to inspect and copy the company’s documents and failed to explain why that right was not exercised; accordingly the section 740 application was not for a proper purpose (or, in the exercise of discretion, relief should be refused absent good reason for not using the director’s rights). An order nisi was made that Morning Ray pay the Company's costs to be taxed if not agreed.