Judgment
In the matter of China Shanshui Cement Group Ltd - Judgment
FSD 0178/2015 (IMJ) · 2015-11-25
Winding up Petition filed by company - Application for appointment of joint provisional liquidators - Application by shareholders to strike out petition on grounds directors not authorised - No ordinary resolution by shareholders in general meeting and no express provision in Articles of Association empowering directors to bring Petition - Approach to decisions of co-ordinate court- Principles of judicial comity and certainty - Second court to follow decision of first court unless convinced it is wrongly decided.
Full metadata
| Cause Number | FSD 0178/2015 (IMJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Mangatal J |
| Parties | In the matter of China Shanshui Cement Group Ltd - Judgment |
| Judgment Date | 2015-11-25 |
| Subject | Winding up Petition filed by company - Application for appointment of joint provisional liquidators - Application by shareholders to strike out petition on grounds directors not authorised - No ordinary resolution by shareholders in general meeting and no express provision in Articles of Association empowering directors to bring Petition - Approach to decisions of co-ordinate court- Principles of judicial comity and certainty - Second court to follow decision of first court unless convinced it is wrongly decided. |
| Filename (current) | 15-11-25-China-Shanshui-Cement-Group-Limited-In-re.pdf |