TANG KAP WING TSO withLIU CHUEN MUI as Manager v TANG LEUK TSO withTANG WING HONG,TANG CHE CHEUNGand TANG SUM YUEN as Managers

Read the full judgment text of CACV 196/2010 on BabelCite. This Court of Appeal judgment was delivered on 6 July 2011 before Hon Cheung JA, Hon Yuen JA, Hon Kwan JA.

Tso – Clan – Shares – Alienation – Consent – Manager – Due Diligence – Tang Jr transferred shares to Tang Sr via 2003 Deed – Whether Deed binding on KWT – Yes, unanimous consent inferred – Whether LT managers duty to inquire – No – Appeal dismissed, costs to Appellant

Legal issues: Binding effect of 2003 Deed on KWT · Duty of LT managers to inquire · Non-joinder of Tang Sr's estate

Outcome: Appeal dismissed

Cites 1 case