WONG MING BUN suing on behalf of himself and all other shareholders in the 4thDefendant(except the 1st, 2ndand 3rdDefendants) v WANG MING FAN (王明凡)

Read the full judgment text of HCA 1985/2012 on BabelCite. This High Court CFI judgment was delivered on 21 January 2014.

1. The present action was commenced by Writ on 24 October 2012. As was apparent from the description of the Plaintiff in the title and the contents of the Statement of Claim, he was bringing a derivative action as a shareholder on behalf of the 4 th Defendant (“ Company ”). It was common ground that this was not a statutory derivative action under section 168BC of the Companies Ordinance, Cap. 32 and no leave had been obtained by the Plaintiff under that section.

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