Judgment
In the Matter of Jian Ying (acting by its provisional liquidators) v Ourgame International Holdings Limited
FSD 0218 OF 2021 (NSJ) · 2021-Aug-11
Application by joint provisional liquidators of a fund for injunctive relief - the fund is a shareholder in a Cayman company - the provisional liquidators claimed that a substantial number of the funds - shares had been sold at an undervalue and for an improper purpose to parties connected with the company's management - the company's management convened a shareholders' meeting to authorise its directors to issue further shares allegedly for the purpose of diluting the fund's shareholding - the shareholders' meeting was to be held imminently
Full metadata
| Cause Number | FSD 0218 OF 2021 (NSJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2021-Aug-11 |
| Subject | Application by joint provisional liquidators of a fund for injunctive relief - the fund is a shareholder in a Cayman company - the provisional liquidators claimed that a substantial number of the funds - shares had been sold at an undervalue and for an improper purpose to parties connected with the company's management - the company's management convened a shareholders' meeting to authorise its directors to issue further shares allegedly for the purpose of diluting the fund's shareholding - the shareholders' meeting was to be held imminently |
| Category | Financial Services Division |
| Filename (current) | 4GGAVNO3XK5Z1FBEE3F4DB2F3C566DB0E354EF7D1EBF77E25D28.pdf |