Lloyd's Law Reporter
FAMILYMART CHINA HOLDING CO LTD V TING CHUAN (CAYMAN ISLANDS) HOLDING CORPORATION
[2023] UKPC 33, Privy Council, Lord Reed, Lord Hodge, Lord Lloyd-Jones, Lord Briggs and Lord Kitchin, 20 September 2023
Arbitration – Stay of proceedings – Winding-up petition – Whether arbitration clause inoperative for disputes between shareholders – Stay of winding-up petition – Case management – Arbitration Act 1996, section 9
Ting Chuan (Cayman Islands) Holding Corporation (TC) and FamilyMart China Holding Co Ltd (FM) were the shareholders in CCVS in the respective proportions of 59.65 per cent and 40.35 per cent.