Soon Production Ltd v Soon Yeon Hong & Another (Misc. Appl. No.190 Of 2008) (Misc. Appl. No.190 of 2008)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a resolution of the board of directors or general meeting is not the only means of proving authorization for a company to commence legal action. A director authorized to act on behalf of the company has the powers of the board unless the contrary is shown. The managing director/shareholder had authority to instruct counsel to file the review application on behalf of the company. Preliminary objections challenging the company's standing and res judicata were overruled, with the court directing that the substantive issues be determined on their merits at a full hearing.
Outcome
Preliminary objections overruled; matter to proceed to full hearing
Facts
Soon Production Ltd, a company with two directors/shareholders (husband and wife), sought to review orders made in divorce proceedings between the two shareholders that distributed company properties. The company was incorporated in 1992 with Kim Dong Yun and Soon Yeon Hong Kim each owning 10 shares and serving as directors. In Divorce Cause No.15 of 2005, judgment was delivered on 12 May 2008 dissolving the marriage and distributing properties owned by the company, with the distribution agreed upon by both parties. The company filed the review application on 18 August 2008. The first respondent (wife) raised preliminary objections: first, that counsel lacked valid instructions because only the husband (second respondent/managing director) had instructed counsel without board or general meeting authorization; second, that the judgment and agreement between the two sole shareholders/directors was binding on the company and the matter was res judicata.
Issues
- Whether the application is barred for lack of valid instructions from the company's board of directors or general meeting.
- Whether a single director/shareholder has authority to instruct counsel to bring proceedings on behalf of the company.
- Whether the matter is res judicata by virtue of the judgment in the divorce proceedings and the agreement between the two sole shareholders/directors.
Orders
- First preliminary objection overruled.
- Second preliminary objection rejected.
- Application for review to proceed to full hearing on its merits.
- Costs of the preliminary objections to follow the main event in the substantive application for review.
Rules and key headnotes
Legislation cited (1)
- Companies Act Cap.110
Cases cited (4)
- Foss v Harbottle [1843] 2 Hare 461
- United Assurance Co Ltd v Attorney General (SCCA No.1 of 1998)
- Tatu Naiga & Co Emporium v Verjee Brothers Ltd (SCCA No.8 of 2002)
- Bugerere Coffee Growers Ltd v Sebaduka & Another [1970] EA 147
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.