 |  |
|
 |
 |
 |
 |
|  | |  | |
Section 15: Multi-party litigation and derivative actions
Proposal 23
A procedural scheme to deal with multi-party litigation should be adopted in principle,
subject to further investigation of schemes implemented in other jurisdictions which may be
suitable for the HKSAR.
In principle, a scheme for multi-party litigation should be adopted. Schemes implemented in
comparable jurisdictions should be studied by a working group with a view to
recommending a suitable model for Hong Kong.
Proposal 24
A provision regulating derivative actions should be adopted.
On the assumption that Part IVAA of the Companies (Amendment) Bill 2003 becomes law,
Proposal
24 (for the introduction of a procedural scheme for the bringing of derivative
actions) will have been overtaken and should not be adopted.
|
 |
|