Read the full judgment text of CACV 000002/1996 on BabelCite. This Court of Appeal judgment was delivered on 3 April 1996.
1. The 1st Plaintiff is a company incorporated in Hong Kong. Its issued shares are registered as to 30% in the name of the 3rd Plaintiff, 40% in the name of the 4th Plaintiff and the remaining 30% in the name of the 1st Defendant. The 2nd Plaintiff is not the registered holder of any of the shares but at the material time he and the 1st Defendant were the only two directors of the 1st Plaintiff. There is a dispute as to the identity of the present directors. The 1st Defendant is the sole proprie