30 Apr 2018
GENG HUA ZHONG AND ANOTHER v. LI SHU HON AND ANOTHER
- Citation
- [2018] HKCFI 1041
- Court
- Court of First Instance
- Case number
- HCCW403/2017
Where a shareholder petition alleges the company is solvent and carrying on an active business, the court will grant a validation order for payments in the ordinary course up to a sensible monthly cap without requiring extensive financial disclosure; the petitioner must produce specific credible evidence of concern to justify further financial inquiry.