TSANG WING KWAI AND ANOTHER v. WONG WING SZE Tiffany, Administratrix to the Estate of CHAN CHUNG HAN (陳仲嫺) also known as CHAN CHUNG HONG (陳仲嫺), DECEASED AND OTHERS
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HCMP 1615/2020
[2021] HKCFI 1971
IN THE HIGH COURT OF THE
HONG KONG SPECIAL ADMINISTRATIVE REGION
COURT OF FIRST INSTANCE
MISCELLANEOUS PROCEEDINGS NO 1615 OF 2020
_________________
| BETWEEN | ||
| TSANG WING KWAI | 1st Applicant | |
| OPEN TREASURE INDUSTRIES LIMITED | 2nd Applicant | |
and | ||
| WONG WING SZE TIFFANY, Administratrix to the Estate of CHAN CHUNG HAN ( 陳仲嫺) also known as CHAN CHUNG HONG (陳仲嫺), DECEASED | 1st Respondent | |
| TSANG WING FAI | 2nd Respondent | |
| THE REGISTRAR OF COMPANIES | 3rd Respondent | |
_________________
Before: Deputy High Court Judge Winnie Tsui in Chambers
Date of Hearing: 23 June 2021
Date of Decision: 23 June 2021
_______________
DECISION
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1. Before me is a straightforward application made by the applicants to rectify and remove information from the Companies Register pursuant to section 42 of the Companies Ordinance, Cap 622.
2. The proposed rectification and removal is to give effect to the judgment made by Au-Yeung J on 31 December 2019. The judgment is binding on the applicants and the 1st and 2nd respondents, who were parties in that action. It was ordered that the Return of Allotment dated 16 January 2012 be set aside and the Annual Return dated 8 August 2012 be rectified.
3. The 1st and 3rd respondents take a neutral stance in this application.
4. The 2nd respondent has filed an affirmation in opposition. But no valid ground has been raised why the above orders should not be given effect to.
5. Hence I am satisfied that an order under section 42 should be made.
6. I make an order in terms of the originating summons as amended:
(1) The Return of Allotment dated 16 January 2012 be removed from the Companies Register;
(2) The Annual Return dated 8 August 2012 be rectified by striking out the figure of HK$10,000 (being the total amount of issued and paid up capital) and 5,000 (being the number of shares of each registered shareholder) and substituting by the figure of HK$2 (being the total amount of issued and paid up capital) and 1 (being the number of share of each registered shareholder) respectively;
(3) Costs of this application be paid by the 2nd respondent to the applicants, summarily assessed at $50,000, payable by the 2nd respondent on or before 7 July 2021; and
(4) There be no order as to costs as between applicants and the 1st and 3rd respondents.
| ( Winnie Tsui ) Deputy High Court Judge |
Mr Alvin Chan, of WK To & Co, for the 1st and 2nd applicants
Attendance of Hugill & Ip, for the 1st respondent, was excused
The 2nd respondent appeared in person
Attendance of the 3rd respondent was excused