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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.

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