Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Statutory interpretation of section 121 cap.32
  • 28 Oct 2009

    TOM MING CHOU v. PAN PING-HU ANTONY AND OTHERS

    Citation
    TOM MING CHOU v. PAN PING-HU ANTONY AND OTHERS
    Court
    Court of First Instance
    Case number
    HCCW375/2008

    The court held the petitioner was entitled to inspect the Company's books under section 121 and common law and rejected the technical objection that the application was prematurely made in the petition; no clear evidence established an improper or abusive purpose; the Company must provide full access to books necessary to give a true and fair view of its affairs. The court ordered security for costs because the petitioner is resident in Shanghai, the assets relied on were not readily realizable or were outside the jurisdiction, and the proposed undertakings were insufficient; quantified the s…