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Luck Continent Ltd v Theodore Cheng Chee Tock & others

HK Court of First Instance, 25-Apr-2012

The HK court orders that the Bye-laws of C Y Foundation (1182), a Bermudan company, be amended so as to enable a director to be removed by an ordinary (not special) resolution, in compliance with the Listing Rules. The next question is whether the Bermudan companies registry will register a change to the Bye-laws, ordered by a HK court, which has not been approved by special resolution, or whether the company has to seek the Bermudan court's agreement to this.

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