Read the full judgment text of CACV 307/1999 on BabelCite. This Court of Appeal judgment was delivered on 28 September 1999.
1. Samuel Tak Lee ("the Petitioner") is a shareholder and director of HY & HT Lee Brothers & Company Limited ("the Company"), a family company. On 27 April 1998, he presented a petition to wind up the Company on the "just and equitable" ground pursuant to section 177(1)(f) of the Companies Ordinance. Although the Company is nominally a respondent, for practical purposes, the real respondents are his elder brother Lee Tak Yan ("TY Lee") and his uncle Lee Chai Cheong ("CC Lee"), (collectively "the