In the matter of Seahawk China Dynamic Fund - Judgment

Dismissal of winding up petition based on the just and equitable ground – assessment of the oral and documentary evidence – consideration of whether there was a quasi-partnership – whether there was justifiable and irretrievable loss of trust and confidence – whether there was serious lack of probity, dishonesty and oppression – whether there was a need for an urgent investigation – whether the Petitioner had a legitimate expectation of participating in the management of the company - whether the Petitioner was unreasonably failing to pursue alternative remedies including the redemption of his shares. Insolvency and Restructuring; Company Law; Investment Funds; Shareholder Remedies; Equity and Trusts; Regulatory and Compliance