Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Set-off/loans
  • 14 Apr 2011

    RAJ KUMAR MAHAJAN v. HCL TECHNOLOGIES (HONG KONG) LTD AND OTHERS

    Citation
    RAJ KUMAR MAHAJAN v. HCL TECHNOLOGIES (HONG KONG) LTD AND OTHERS
    Court
    Court of First Instance
    Case number
    HCA954/2005

    The court found that the Amsterdam meeting produced binding terms which were formally recorded in the 12 March 1999 letter but did not include any guarantee of a minimum annual bonus of US$200,000 nor any one-year notice term; bonuses were contractual and payable only by reference to the Amsterdam/12 March formula based on actual billings; HCL Technologies (Hong Kong) Limited alone was the employer; plaintiff was entitled to specified bonus sums for FY1999-2002 and a assessed further bonus to Feb 2004, payment in lieu of 3 months' notice, and miscellaneous sums; Shiv Nadar was not personally…