17 Mar 2025
LUI YAU TAK AND ANOTHER v. MELOFIELD NURSERY AND LANDSCAPE CONTRACTOR LTD
- Citation
- [2025] HKCFI 1037
- Court
- Court of First Instance
- Case number
- HCMP312/2024
On the facts the 2nd Plaintiff established good faith and a proper purpose under s740 CO given the SHA's substantive provisions and persistent, specific financial concerns (related‑party transactions, rising borrowings, auditor going concern comments and material discrepancies), so an inspection order should be granted but narrowly tailored and temporally limited (from Oct 2020), with many wide requests disallowed; the 1st Plaintiff, removed after issuance, is nonetheless entitled to costs; costs awarded at 80% with certificate for two counsel.