13 Apr 2017
DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Citation
- DENNIS KWOK HON MING v. POON SUI CHEONG ALBERT AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1526/2013
The interim stay application was refused because the established Star Play stay principles apply to interim stays, the Majority Shareholders failed to demonstrate good reason or that their proposed Court of Appeal application had appreciably better prospects (no material new evidence shown), and they did not show the appeal would be rendered nugatory without a stay; accordingly valuation must proceed and the interim stay was dismissed with costs to the petitioner and the costs of the earlier leave and stay summons to be taxed on a common fund basis.