Read the full judgment text of HCMP 3278/2013 on BabelCite. This High Court CFI judgment was delivered on 20 November 2014.
1. On 5 December 2013 the Plaintiff, which is a shareholder in the Defendant, issued an originating summons seeking an order under section 168BC of the former Companies Ordinance, cap. 32, for an order permitting it to pursue a statutory derivative action against two former directors, Tsang Wai Lun Wayland and Kwok Wai Man Nancy (together the “ Tsangs ”). The Defendant is incorporated in Bermuda and is listed on The Stock Exchange of Hong Kong Limited. On 24 September 2014 the Plaintiff filed a
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