23 Jul 2015
張才奎所託管中國山水投資有限公司股份AND ANOTHER v. 張才奎AND ANOTHER
- Citation
- 張才奎所託管中國山水投資有限公司股份AND ANOTHER v. 張才奎AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1766/2014
The court refused to give directions that would effect a change to the board composition of the listed company or permit split voting because (i) these are intrusive, effectively final, commercial decisions inappropriate at an interlocutory stage; (ii) there are no special or overwhelming circumstances justifying such intervention; and (iii) the receivers were attempting to go beyond their remit of preserving the trust asset rather than managing the company.