11 Nov 2005
LEI ZI SHEN v.TAI-AO ALUMINIUM GROUP LTD AND OTHERS
- Citation
- LEI ZI SHEN v.TAI-AO ALUMINIUM GROUP LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW1116/2004
The court held that the rescission/credit argument was unarguable on the facts and that the petition failed to plead adequately the loss of confidence and improper removal grounds, but those grounds were arguable in principle and the petitioner was granted leave to re-amend; the prayer for winding up was struck out as there was no real prospect of a winding up order given the company's apparent solvency and availability of buy-out remedies; petition to be struck out unless leave to re-amend obtained within 42 days.