26 Jul 2010
SIT KAM TAI v. GAMMON IRON GATE CO LTD AND OTHERS
- Citation
- SIT KAM TAI v. GAMMON IRON GATE CO LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA779/2006
The plaintiff's claim was dismissed because (1) the accounts were concluded and settled by the members at the meeting on 15 August 2000 with payments made thereafter and no credible evidence existed of any valid agreement to recalculate dividends, and (2) the claim is barred by illegality/public policy as arising from cartel conduct that cheated the tendering process.