Read the full judgment text of HCA 1944/2007 on BabelCite. This High Court CFI judgment was delivered on 25 June 2010 before Hon Chung J.
Civil litigation – New Territories t’so – Share transfer – Breach of trust – Duty of care – Non-joinder of necessary party – Costs – Plaintiff sought declaration that transfer of 23 shares to Tang senior was invalid – Managers relied on 1983 order and 2003 deed – Court found Mdm Liu authorized Tang junior to act on her behalf – Managers discharged duties – Non-joinder of Tang senior’s estate militated against discretionary relief – Claim dismissed – Costs follow the event
Legal issues: Validity of share transfer · Duty of Managers · Non-joinder of necessary party · Costs
Outcome: Claim against Managers dismissed. Claim against Tang junior dismissed.
Cited by 5 cases · Cites 3 cases