Read the full judgment text of HCMP 1002/2017 on BabelCite. This High Court CFI judgment was delivered on 15 March 2018.
1. On 28 April 2017, the applicant Lam Kin Chung issued an originating summons seeking leave under section 733 of the Companies Ordinance, Cap 622 (“ Ordinance ”), to issue a statutory derivative action against 19 former and present members of the Committee of the Company. The Company is a charitable company formed to promote Buddhism. It is incorporated by guarantee with limited liability. The Committee is the name given to what conventionally is called the board of directors, and members of
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