HARBOUR FRONT LTD v. LEUNG YUET KEUNG AND ANOTHER

HCA1598/2008

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO. 1598 OF 2008

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J U D G M E N T

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1. The plaintiff applies for an injunction in terms of the amended summons at pages 41 to 43 of Bundle A.  Injunction is an equitable remedy.  The application is premised on a shareholders’ agreement dated 5 June 1990 at pages 41 to 42 of Bundle B.  

2. In 2001 and 2002, the plaintiff petitioned in HCCW880/2001 and 246/2002 to wind up Money Facts Ltd and Fonfair Co. Ltd on the just and equitable ground.  In the Judgment handed down on 2 February 2004 after trial, Madam Justice Kwan dismissed the petition, see in particular paragraphs 87, 88 and 106.

3. I am satisfied that this application is an abuse of process and the claim is frivolous or vexatious.  In other words, there is no serious issue to be tried.  I dismiss the summons at pages 16 to 19 and the amended summons at pages 39 to 47 of Bundle A.