Read the full judgment text of CACV 000865/2001 on BabelCite. This Court of Appeal judgment was delivered on 11 January 2002.
1. The Petitioners applied to wind up the Prudential Enterprise, Limited ("the Company") on just and equitable grounds. They alleged that the majority shareholder of the Company, namely, Samuel Tak Lee ("ST Lee") (the 1st Respondent) and his family had abused their position as directors and controlling shareholders of the Company and their conducts were oppressive and unfairly prejudicial to the Petitioners. They also asked for relief under s. 168A of the Companies Ordinance, which include, amon
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