bóng đá hôm nay trực tiếpVerdict No. 52/2019/KDTMPT dated September 11, 2019 regarding dispute over corporate and project ownership under a business partnership agreement

PEOPLE’S HIGH COURT OF HO CHI MINH CITY

VERDICT NO. 52/2019/KDTMPT DATED SEPTEMBER 11, 2019 REGARDING DISPUTE OVER CORPORATE AND PROJECT OWNERSHIP UNDER A BUSINESS PARTNERSHIP AGREEMENT

During September 10 – 11, 2019, bóng đá hôm nay trực tiếp appeal against bóng đá hôm nay trực tiếp preliminary ruling on bóng đá hôm nay trực tiếp commercial business case No. 89/2018/TLPT-DS accepted on December 18, 2018 regarding “Dispute over corporate and project ownership under a business partnership agreement” is tried in public at bóng đá hôm nay trực tiếp courthouse of bóng đá hôm nay trực tiếp People’s High Court of Ho Chi Minh city.  Owing to bóng đá hôm nay trực tiếp fact that bóng đá hôm nay trực tiếp preliminary ruling on bóng đá hôm nay trực tiếp commercial business case No. 1500/2018/DSST dated October 25, 2018 of bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city is appealed.

According to bóng đá hôm nay trực tiếp Decision to try bóng đá hôm nay trực tiếp case No. 1485/2019/QD-PT dated July 12, 2019 between litigants:

Plaintiff:N Development and Trading Joint Stock Company

Head office: 36, Bui Thi Xuan street, B Th ward, District 1, Ho Chi Minh city

Representative: Mr. Dinh Truong C – President of Board of Directors and legal representative (present)

Defendant:DWS company

Head office: Dohwa-dong, Ch B 522-ho, 86 Mapo- daero, Mapo- gu, Seoul, South Korea

Legal representative: Mr. Lin Kuo W; Title: Director

Authorized representative: Mr. Tran Thanh Nh, born in 1984 and Mr. Pham Chinh T (present)

(According to bóng đá hôm nay trực tiếp Power of Attorney dated October 30, 2018 signed by Mr. Lin Kuo Wei)

Persons protecting legitimate rights and interests: Attorney Bui bóng đá hôm nay trực tiếp L and Attorney Ha Thi X – Members of bóng đá hôm nay trực tiếp Hanoi’s Bar Association (present)

Other interested persons:

1. Nh V N- H Q Planning and Development Co., Ltd.

Head office: 2BIS-4-6, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City.

Contact address: 6^thFloor, Lottery Tower Building, No. 77, Tran Nhan Ton Street, Ward 9, District 5, Ho Chi Minh City.

Legal representative: Mr. Jong Suk L; Title: Director General.

Authorized representative: Mr. Nguyen Ngoc Q (present).

(According to bóng đá hôm nay trực tiếp power of attorney granted on January 25, 2018 by Mr. Jong Suk Lee)

Person protecting legitimate rights and interests:Attorney Nguyen Thi Ngoc Loan - a member of Bar Association of Ho Chi Minh city (present)

2. Department of Planning and Investment of Ho Chi Minh city

Head office: 32, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City.

Representative: Mrs. Le Thi Huynh M; Title: Director.

Authorized representative: Mr. Nguyen Trung A; Title: Head of Investment Registration Division (filing an application for his absence from bóng đá hôm nay trực tiếp trial).

3.Business Registration Division – Department of Planning and Investment of Ho Chi Minh city

Head office: 32, Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City (filing an application for its absence from bóng đá hôm nay trực tiếp trial).

CASE DETAILS

On March 10, 2007, Nh Development and Trading Single-member Limited Liability Company, now N Development and Trading (briefly called HDT), and 2 foreign companies which are K P&D Co., Ltd. (briefly called P&D) and Lucky Vietnam Construction company (briefly called LVC), have entered into a Business partnership Agreement to establish Vietnam Housing Planning and Development Co., Ltd. – South Korea (briefly called VK H) to carry out bóng đá hôm nay trực tiếp Project on construction of a commercial and residential complex (now called bóng đá hôm nay trực tiếp Mark high-rise building) at bóng đá hôm nay trực tiếp land plot under HDT's ownership (covering an area of 29.310m²).

On August 30, 2007, HDt, P&D and LVC received bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109 from People’s Committee of Ho Chi Minh city, certifying that 3 companies are permitted to invest in establishment of VK H company (with Mr. Jong-Suk, Lee, Director General, as its legal representative) to carry out bóng đá hôm nay trực tiếp aforesaid project.

According to bóng đá hôm nay trực tiếp Investment Certificate, involved parties must register their in-kind capital contribution made by using land use rights with bóng đá hôm nay trực tiếp Division of Registration of Land Use Rights, must commence construction in May of 2008, and must complete bóng đá hôm nay trực tiếp construction project by February of 2010. In fact, by June 2016, bóng đá hôm nay trực tiếp project has not yet been carried out while several legal issues affecting business activities have arisen, specifically including:

On July 22, 2015, P&D and LVC were declared bankrupt by bóng đá hôm nay trực tiếp Court of South Korea. According to bóng đá hôm nay trực tiếp decision on bankruptcy declaration issued by bóng đá hôm nay trực tiếp Court of South Korea, on March 16, 2016, an asset management officer who is authorized by bóng đá hôm nay trực tiếp Court of South Korea acted on behalf of P&D and LVC to sign agreements to dispose of all of capital contributed by P&D and LVC to VK H to DWS company (briefly called DWS).

Based on bóng đá hôm nay trực tiếp aforesaid transfer agreements, on March 23, 2016, DWS contacted VK H to carry out procedures for change of shareholding member.

On April 20, 2016, VK H filed application for change in corporate registration of VK H:

Changing bóng đá hôm nay trực tiếp company’s members from HDT, P&D and LVC into HDT and DWS.

Changing bóng đá hôm nay trực tiếp legal representative from Mr. Jong-Suk, Lee into Yeh Kuo, Shun-Kuai.

On April 21, 2016, bóng đá hôm nay trực tiếp Business Registration Division controlled by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) to VK H according to submitted information and requirements.

On April 29, 2016, bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Investment Registration Certificate No. 2162333062 in place of bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109, certifying bóng đá hôm nay trực tiếp owners of bóng đá hôm nay trực tiếp bóng đá hôm nay trực tiếp Mark high-rise building project are HDT and DWS.

Affirming that transfer of contributed capital by P&D and LVC to DWS violated terms and conditions of bóng đá hôm nay trực tiếp business partnership agreement and regulations of bóng đá hôm nay trực tiếp Law on Enterprises under which HDT is granted bóng đá hôm nay trực tiếp privilege of buying shares of contributed capital. In addition, under terms and conditions of share transfer agreements dated March 16, 2016, they will be valid only if bóng đá hôm nay trực tiếp Court of South Korea agrees to such transfer and bóng đá hôm nay trực tiếp Court of Vietnam gives approval. Although share transfer agreements had not yet been accepted by bóng đá hôm nay trực tiếp Court of South Korea and had not yet been recognized by bóng đá hôm nay trực tiếp Court of Vietnam, DWS submitted falsified application to be granted bóng đá hôm nay trực tiếp Investment Certificate and bóng đá hôm nay trực tiếp Enterprise Registration Certificate. In response to such fraudulent act, HDT filed an accusation of fraudulent documents used for illegally seizing property to a police authority; filed an appeal to bóng đá hôm nay trực tiếp Business Registration Division controlled by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city for revocation of bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) of VK H owing to such deliberate falsification, and take legal action to request bóng đá hôm nay trực tiếp Court:

Not to recognize effect of share transfer agreements dated March 16, 2016;

To revoke bóng đá hôm nay trực tiếp Investment Registration Certificate No. 2162333062 and bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) of VK H.

After bóng đá hôm nay trực tiếp Court accepted bóng đá hôm nay trực tiếp case, HDT filed an additional petition for initiation of legal proceedings to request bóng đá hôm nay trực tiếp Court to declare termination of bóng đá hôm nay trực tiếp business partnership agreement signed on March 10, 2007 between bóng đá hôm nay trực tiếp plaintiff, on one side, and, P&D and LVC, on bóng đá hôm nay trực tiếp other side, about establishment of VK H, and request bóng đá hôm nay trực tiếp Court to force each of P&D and LVC to pay bóng đá hôm nay trực tiếp plaintiff USD 1,000,000 as a penalty for breach of bóng đá hôm nay trực tiếp agreement in force on March 10, 2007.

On May 4, 2017, bóng đá hôm nay trực tiếp Investigation Police Agency under bóng đá hôm nay trực tiếp control of bóng đá hôm nay trực tiếp Ministry of Public Security issued a Written Notice No. 334/C45-P8 informing bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city that it formed sound and sufficient grounds for concluding that documents submitted to apply for adjustments in business and investment registration information of VK H related to DWS are falsified.

On September 29, 2017, bóng đá hôm nay trực tiếp Business Registration Division affiliated to bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Decision No. *790103/17* to revoke bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) of VK H and restored bóng đá hôm nay trực tiếp effect of bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109 with Mr. Jong-Suk, Lee as a legal representative.

Affirming that HDT was bóng đá hôm nay trực tiếp only one member contributing capital to VK H while P&D and LVC went bankrupt. During bóng đá hôm nay trực tiếp previous period of business administration, Mr. Jong-Suk, Lee, as VK H’s legal representative reinstated according to bóng đá hôm nay trực tiếp Decision No. *790103/17*, committed financial violations from bóng đá hôm nay trực tiếp date on which P&D and LVC went bankrupt till now, and left Vietnam already.   Despite being removed from bóng đá hôm nay trực tiếp post of VK H's legal representative, Mrs. Yeh Kuo, Shun-Kuai, continued to act as VK H's legal representative who hired Hoang Vuong Gia Security Services Company to guard bóng đá hôm nay trực tiếp land plot, build fences and security guard booths.  In order to prevent Mrs. Yeh Kuo, Shun-Kuai from illegally abusing this land plot to call for investments to perform fraudulent acts and appropriation of investment funds, on November 22, 2017, HDT filed a written request to bóng đá hôm nay trực tiếp Court to seek its decision on interim injunctions under which HDT was temporarily authorized to manage this land plot before bóng đá hôm nay trực tiếp Court's final judgement on this case.

On December 20, 2017, Ho Chi Minh city People’s Court issued bóng đá hôm nay trực tiếp decision on interim injunctions No. 298/2017/QD-BPKCTT stating “Before bóng đá hôm nay trực tiếp Court's final judgement on bóng đá hôm nay trực tiếp case, HDT is charged with temporarily managing bóng đá hôm nay trực tiếp land plot within bóng đá hôm nay trực tiếp project's boundaries".

Civil Enforcement Department of Ho Chi Minh city took actions to enforce bóng đá hôm nay trực tiếp Decision on interim injunctions No. 298/2017/QD-BPKCTT, but was locked out by Hoang Vuong Gia Security Services company.

On January 12, 2018, Civil Enforcement Department of Ho Chi Minh city issued a written Notice informing bóng đá hôm nay trực tiếp Court about this and requested bóng đá hôm nay trực tiếp Court to name any person or organization subject to bóng đá hôm nay trực tiếp Decision to allow HDT to temporarily manage that land plot in order to enable its law enforcement.

On January 16, 2018, HDT requested bóng đá hôm nay trực tiếp Court in writing to add bóng đá hôm nay trực tiếp following information to bóng đá hôm nay trực tiếp Decision on interim injunctions: “It is mandatory for VK H, DWS, Hoang Vuong Gia Security Services company and any other person or entity involved to move out of bóng đá hôm nay trực tiếp land plot and let HDT temporarily manage bóng đá hôm nay trực tiếp land plot".

In a meeting, bóng đá hôm nay trực tiếp Hoang Vuong Gia Security Services company provided bóng đá hôm nay trực tiếp Court a security service contract signed between Mr. Lin Kuo Wei – Director, as VK H’s legal representative, and Hoang Vuong Gia Security Services company on October 25, 2017 (Mrs. Yeh Kuo, Shun-Kuai was no longer VK H’s legal representative at this time).  However, after consulting VK H's statutes in terms of its organization structure, Director General, Deputy Director General, Chief Financial Officer and Chief Account (except Director) were listed.  Therefore, on January 23, 2018, bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Decision on change in interim injunctions No. 30/2018/QD-BPKCTT that compelled Hoang Vuong Gia Security Services company, DWS, VK H and other person or entity that was occupying or appropriating (if any) bóng đá hôm nay trực tiếp land plot to move out and hand over bóng đá hôm nay trực tiếp land plot to HDT for its temporary custody before receiving bóng đá hôm nay trực tiếp Court's final judgement on bóng đá hôm nay trực tiếp case. In order not to affect execution of bóng đá hôm nay trực tiếp investment project by involved parties, bóng đá hôm nay trực tiếp Decision on change in interim injunctions No. 30/2018/QD-BPKCTT contained bóng đá hôm nay trực tiếp section “Issues related to implementation of bóng đá hôm nay trực tiếp Mark high-rise building project will be negotiated by contracting parties, will conform to legislative regulations and will not be subject to this Decision".

After receipt of bóng đá hôm nay trực tiếp Decision on interim injunctions from bóng đá hôm nay trực tiếp Court, Mrs. Yeh Kuo Shun-Kuai, as VK H’s legal representative, filed an appeal to bóng đá hôm nay trực tiếp Court and requested bóng đá hôm nay trực tiếp Business Registration Division affiliated to bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city to restore bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) of VK H.

After receipt of bóng đá hôm nay trực tiếp Decision on change in interim injunctions No. 30/2018/QD-BPKCTT from bóng đá hôm nay trực tiếp Court, Mr. Jong-Suk, Lee – VK H’s legal representative – authorized Mr. Nguyen Ngoc Quy to get involved in this court proceedings and file an appeal against this Decision. bóng đá hôm nay trực tiếp Chief Justice of bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city issued his decision to reject such appeal.

After being informed that Mrs. Yeh Kuo, Shun-Kuai was requesting bóng đá hôm nay trực tiếp Business Registration Division controlled by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city to restore enterprise registration changed for bóng đá hôm nay trực tiếp second time for VK H, HDT requested bóng đá hôm nay trực tiếp Court in writing to apply an interim injunction to suspend this. Pursuant to Article 137 of bóng đá hôm nay trực tiếp Civil Procedure Code, on February 26, 2018, bóng đá hôm nay trực tiếp Ho Chi Minh city People’s Court issued bóng đá hôm nay trực tiếp Decision on interim injunctions No. 61/2018/QD-BPKCTT temporarily suspending changes in business registration contents that VK H had restored in bóng đá hôm nay trực tiếp Decision No. *790103/17*.

Based on bóng đá hôm nay trực tiếp newly updated address of DWS shown in bóng đá hôm nay trực tiếp Power of Attorney dated October 28, 2016 that DWS granted to its representative to take part in another case that bóng đá hôm nay trực tiếp People's Court of Ho Chi Minh city accepted to try, bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city carried out judicial entrustment procedures to inform acceptance of trial for bóng đá hôm nay trực tiếp case, submission of evidence and summons for bóng đá hôm nay trực tiếp meeting for inspection of submission of, access to and public disclosure of evidence, mediation and convening of bóng đá hôm nay trực tiếp preliminary hearing in accordance with laws to bóng đá hôm nay trực tiếp defendant but bóng đá hôm nay trực tiếp defendant did not appear in bóng đá hôm nay trực tiếp court according to bóng đá hôm nay trực tiếp summons; bóng đá hôm nay trực tiếp plaintiff and other litigants failed to negotiate about how bóng đá hôm nay trực tiếp case was settled.

On expressing its opinions on bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings made by bóng đá hôm nay trực tiếp plaintiff, VK H supposed that such request was not supported by sound and sufficient grounds because bóng đá hôm nay trực tiếp fact that Property Management Officer sold contributed capital of P&D and LVC to DWS was to offset bóng đá hôm nay trực tiếp amount that P&D and LVC owed to DWS upon DWS’s request. In bóng đá hôm nay trực tiếp Minutes of bóng đá hôm nay trực tiếp meeting of bóng đá hôm nay trực tiếp Board of Directors held on March 23, 2016, one hundred percent of shareholders agreed on acquisition of DWS. As none of shareholders gave dissenting opinions, transfer of capital from P&D and LVC to DWS was not in breach of clause 3 of Article 54 in bóng đá hôm nay trực tiếp 2014 Law on Enterprises and Article 10 in bóng đá hôm nay trực tiếp company’s statutes.

On expressing their opinions on bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings received from bóng đá hôm nay trực tiếp plaintiff, bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city supposed that, based on bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) issued by bóng đá hôm nay trực tiếp Business Registration Division, as bóng đá hôm nay trực tiếp Department had issued a new certificate to VK H, actions that bóng đá hôm nay trực tiếp Department applied was conformable to law; in terms of such request, bóng đá hôm nay trực tiếp Department gave no opinion.

On expressing its opinions on bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings received from bóng đá hôm nay trực tiếp plaintiff, bóng đá hôm nay trực tiếp Business Registration Division controlled by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city confirmed that bóng đá hôm nay trực tiếp enterprise had to bear responsibility for accuracy of their enterprise registration application. Pursuant to regulations of law, bóng đá hôm nay trực tiếp Business Registration Division issued modified registration to VK H. After receipt of a police authority’s written document stating that VK H’s registration application was falsified, bóng đá hôm nay trực tiếp Business Registration Division issued bóng đá hôm nay trực tiếp Decision No. *790103/17* to withdraw VK H’s Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) and restore bóng đá hôm nay trực tiếp effect of bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109. bóng đá hôm nay trực tiếp representative of bóng đá hôm nay trực tiếp Business Registration Division requested bóng đá hôm nay trực tiếp Court to try bóng đá hôm nay trực tiếp case in absentia, and would take charge of enforcing bóng đá hôm nay trực tiếp Court's legitimate verdict or judgement.

On August 1, 2018, bóng đá hôm nay trực tiếp Ministry of Justice issued bóng đá hôm nay trực tiếp written Notice No. 2508/BTP-PLQT informing bóng đá hôm nay trực tiếp Court according to bóng đá hôm nay trực tiếp Court’s written Request No. 1324/TATP-TKT, issued bóng đá hôm nay trực tiếp Diplomatic Note No. 805/CH-BTP requesting bóng đá hôm nay trực tiếp regulatory authority in South Korea to inform results of judicial trust given by Vietnam. As bóng đá hôm nay trực tiếp Ministry of Justice did not receive any response, bóng đá hôm nay trực tiếp Ministry of Justice had to inform bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city.

On October 11, 2018, HDT issued a written request to bóng đá hôm nay trực tiếp Court for addition of bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings in which bóng đá hôm nay trực tiếp Court was petitioned to decide to grant bóng đá hôm nay trực tiếp company bóng đá hôm nay trực tiếp right to manage VK H as a shareholder in relation to P&D’s and LVC’s contributed capital before a legal heir or beneficiary of these shares of contributed capital was found; concurrently, withdraw bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings in which bóng đá hôm nay trực tiếp Court was petitioned to declare termination of bóng đá hôm nay trực tiếp business partnership agreement signed between HDT, on one side, and, P&D and LVC, on bóng đá hôm nay trực tiếp other side, on March 10, 2007 and bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings in which bóng đá hôm nay trực tiếp Court was petitioned to compel each of P&D and LVC to pay HDT USD 1,000,000 as a penalty.

In bóng đá hôm nay trực tiếp preliminary commercial business verdict No. 1500/2018/KDTMST dated October 25, 2018, bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city decided:

To accept bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings from bóng đá hôm nay trực tiếp N Development and Trading Shareholding Company (briefly called HDT) in which bóng đá hôm nay trực tiếp Court was petitioned not to recognized agreements on transfer of shares in Vietnam - South Korea Housing Planning and Development Limited Liability Company (briefly called VK H) from O&D K Co., Ltd. (briefly called P&D) and Lucky Vietnam Construction Company (briefly called LVC) to DWS Company (briefly called DWS).  Declaring that bóng đá hôm nay trực tiếp agreement on transfer of shares signed between P&D and DWS on March 16, 2016 and bóng đá hôm nay trực tiếp agreement on transfer of shares signed between LVC and DWS on March 16, 2016 on transfer of all of shares owned by P&D and LVC at VK H to DWS was null and void agreements to which involved parties are not bound.

Accepting bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings from HDT in which bóng đá hôm nay trực tiếp Court was petitioned to revoke its administrative decision on change in share ownership interests at VK H transferred from P&D and LVC to DWS. Declaring that bóng đá hôm nay trực tiếp Minutes of bóng đá hôm nay trực tiếp meeting of bóng đá hôm nay trực tiếp Board of Directors No. HDTV 29-2016 dated March 23, 2016, bóng đá hôm nay trực tiếp Letter of Confirmation No. 01/2016/GXN-VP dated April 20, 2016, bóng đá hôm nay trực tiếp Letter of Confirmation No. 02/2016/GXN-VP dated April 20, 2016 and bóng đá hôm nay trực tiếp Decision No. HDTV 30-2016 dated April 23, 2016, all of which were issued by VK H, were null and void civil transactions which were not in effect; revoking bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) issued by bóng đá hôm nay trực tiếp Business Registration Division under bóng đá hôm nay trực tiếp jurisdiction of bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city to VK H on April 21, 2016 and bóng đá hôm nay trực tiếp Investment Registration Certificate No. 2162333062 dated April 29, 2016 issued by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city.

During bóng đá hôm nay trực tiếp period when there was none of heirs to or beneficiaries of P&D's and LVC's shares at VK H, HDT was given bóng đá hôm nay trực tiếp right to manage bóng đá hôm nay trực tiếp aforesaid shares at VK H like its shareholders.

In addition, bóng đá hôm nay trực tiếp preliminary hearing court made its judgement on revocation of bóng đá hôm nay trực tiếp decision on interim injunctions, court fees and right of appeal in accordance with laws.

In bóng đá hôm nay trực tiếp Decision No. 40/QDKNPT-VKS-KDTM on appeal for judicial review No. 40/QDKNPT-VKS-KDTM dated November 22, 2018 of bóng đá hôm nay trực tiếp Chief Prosecutor of bóng đá hôm nay trực tiếp high People’s Procuracy of Ho Chi Minh city with respect to appeal for judicial review to be made according to appellate trial procedures, bóng đá hôm nay trực tiếp High People’s Court of Ho Chi Minh city was petitioned to hold an appeal hearing with a view to revoking bóng đá hôm nay trực tiếp preliminary verdict.

On October 29, 2018, Vietnam – South Korean Housing Planning and Development Co., Ltd. (VK H) filed an appeal against bóng đá hôm nay trực tiếp preliminary verdict.

On October 30, 2018, DWS Star Bridge Limited Liability Company filed an appeal against bóng đá hôm nay trực tiếp preliminary verdict.

In bóng đá hôm nay trực tiếp appeal trial, bóng đá hôm nay trực tiếp representative of DWS and VK H retained bóng đá hôm nay trực tiếp appeal requesting revocation of bóng đá hôm nay trực tiếp preliminary verdict and suspension of bóng đá hôm nay trực tiếp lawsuit due to serious violation of law on legal procedures.

bóng đá hôm nay trực tiếp representative of bóng đá hôm nay trực tiếp Procuracy retained bóng đá hôm nay trực tiếp protest or request for revocation of bóng đá hôm nay trực tiếp preliminary verdict as it seriously violated legal procedures regulations.

In bóng đá hôm nay trực tiếp argument, bóng đá hôm nay trực tiếp person protecting legitimate rights and interests of DWS and VK H argued for bóng đá hôm nay trực tiếp request for revocation of bóng đá hôm nay trực tiếp preliminary verdict and suspension of bóng đá hôm nay trực tiếp case by following reasons:

- HDT was not qualified for initiation of bóng đá hôm nay trực tiếp court proceedings as share transfer agreements signed on March 16, 2016 with appendices were documents created and certified by foreign bodies, but whose Vietnamese copies were not authenticated or certified as true copies, did not obtain bóng đá hôm nay trực tiếp consular legalization, and did not provide documents or other evidence proving capital contribution transactions with foreign companies, which resulted in failure to meet requirements for bóng đá hôm nay trực tiếp lawsuit to be accepted.

- bóng đá hôm nay trực tiếp plaintiff HDT did not have bóng đá hôm nay trực tiếp right to file a case to Vietnamese Court and bóng đá hôm nay trực tiếp Vietnamese Court did not have bóng đá hôm nay trực tiếp right to settle HDT’s claim because terms and conditions of bóng đá hôm nay trực tiếp agreement prescribed bóng đá hôm nay trực tiếp Seoul Central District Court had jurisdiction to try such case. By this fact, according to regulations laid down in Article 472 in bóng đá hôm nay trực tiếpCivil Procedures Code in Viet Nam, bóng đá hôm nay trực tiếp Vietnamese Court had to reject bóng đá hôm nay trực tiếp request for initiation of legal proceedings and suspend settlement of claims related to bóng đá hôm nay trực tiếp aforesaid 2 agreements, and in case of initiation of court proceedings, bóng đá hôm nay trực tiếp Vietnamese Court did try bóng đá hôm nay trực tiếp case ultra vires.

- HDT did not have bóng đá hôm nay trực tiếp right to request revocation of bóng đá hôm nay trực tiếp enterprise registration certificate or bóng đá hôm nay trực tiếp investment registration certificate as there was none of evidence that application for change in corporate registration contents was falsified and, as HDT did not initiate bóng đá hôm nay trực tiếp court proceedings, revocation of bóng đá hôm nay trực tiếp second registration certificate was in breach of bóng đá hôm nay trực tiếpLuật tố tụng xem bóng đá trực tiếp vtv2 chínhand went beyond bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings.

- HDT did not have bóng đá hôm nay trực tiếp right to request revocation of bóng đá hôm nay trực tiếp minutes of bóng đá hôm nay trực tiếp meeting of bóng đá hôm nay trực tiếp VK-Housing’s Board of Directors on changes in shareholders and share certificates of DWS because bóng đá hôm nay trực tiếp 90-day period expired and such transaction was not civil. However, HDT's statement that bóng đá hôm nay trực tiếp civil transaction was null and void was not correct and went beyond bóng đá hôm nay trực tiếp request for initiation of court proceedings.

- bóng đá hôm nay trực tiếp fact that bóng đá hôm nay trực tiếp court refused to recognize DWS as a shareholder transferring shares of LVC and P&D and having bóng đá hôm nay trực tiếp right to inherit shares was unfounded.

- bóng đá hôm nay trực tiếp fact that, as LVC and P&D only opened bankruptcy procedures, similarly prescribed in bóng đá hôm nay trực tiếpLuật Phá xoilac tv trực tiếp bóng đá hôm, and did not have any evidence that LVC and P&D closed their business, they let VK.Housing temporarily manage their business as a shareholder, was unfounded.

Besides, as bóng đá hôm nay trực tiếp Preliminary Hearing Court not yet collected documents and evidence related to LVC and P&D declared bankrupt; serving bóng đá hôm nay trực tiếp court’s summons and writ to foreign litigants was illegitimate, bóng đá hôm nay trực tiếp trial in absentia took place and affected their legal procedure rights and obligations.  Therefore, requesting bóng đá hôm nay trực tiếp Trial panel to revoke bóng đá hôm nay trực tiếp preliminary verdict and suspend bóng đá hôm nay trực tiếp case.

bóng đá hôm nay trực tiếp representative of HDT expressed dissent against such revocation as documents and evidence of bóng đá hôm nay trực tiếp request for initiation of court proceedings were already translated and authenticated at bóng đá hôm nay trực tiếp competent authority. Since transfer of DWS’s shares was in breach of bóng đá hôm nay trực tiếp Law on Enterprises and VK.Housing’s statutes, bóng đá hôm nay trực tiếp Court was requested not to recognize such transfer. In this case, bóng đá hôm nay trực tiếp agreement of transfer of shares of DWS had to be recognized by bóng đá hôm nay trực tiếp Vietnamese Court. It was prohibitory that not any foreign documents be accepted to enter Vietnam.

bóng đá hôm nay trực tiếp representative of bóng đá hôm nay trực tiếp Procuracy stated that bóng đá hôm nay trực tiếp legal procedures of bóng đá hôm nay trực tiếp Trial panel and litigants conformed to regulations of bóng đá hôm nay trực tiếp Civil Procedures Code. In terms of bóng đá hôm nay trực tiếp case contents, as bóng đá hôm nay trực tiếp agreement on transfer of shares was signed and carried out abroad by foreign parties, bóng đá hôm nay trực tiếp People’s Court of Ho Chi Minh city was not granted jurisdiction to settle bóng đá hôm nay trực tiếp request:    “refusal to recognize bóng đá hôm nay trực tiếp agreement on transfer of shares”. In addition, since judicial entrustment and collection of insufficient evidence, time limit for bóng đá hôm nay trực tiếp protest made by bóng đá hôm nay trực tiếp foreign party which was 15 days was in breach of legal procedures regulations, bóng đá hôm nay trực tiếp Trial panel was petitioned to accept bóng đá hôm nay trực tiếp appeal by bóng đá hôm nay trực tiếp Trial panel and accept part of bóng đá hôm nay trực tiếp protest of DWS and VK H, and revoke bóng đá hôm nay trực tiếp preliminary verdict to resettle bóng đá hôm nay trực tiếp case.

COURT’S JUDGEMENTS

1. In light of bóng đá hôm nay trực tiếp protest of VK H and DWS:

1.1. Court procedures:

In terms of legal relationships between disputing parties, based on bóng đá hôm nay trực tiếp agreement on transfer of shares from P&D K Co., Ltd. Lucky Vietnam Construction Co. to  DWS star Bridge Limited Liability Company; bóng đá hôm nay trực tiếp minutes of bóng đá hôm nay trực tiếp meeting of bóng đá hôm nay trực tiếp Board of Directors and letter of confirmation of capital contribution, DWS was a new shareholder substituting P&D K Co, Ltd and Lucky Vietnam Construction Co., at VK H Company according to bóng đá hôm nay trực tiếp enterprise registration certificate revised for bóng đá hôm nay trực tiếp second time or bóng đá hôm nay trực tiếp investment registration certificate.

On November 30, 2016, as a shareholder of VK H, HDT Company filed lawsuit against DWS for bóng đá hôm nay trực tiếp dispute related to bóng đá hôm nay trực tiếp agreement on transfer of shares and requested revocation of bóng đá hôm nay trực tiếp enterprise registration certificate revised for bóng đá hôm nay trực tiếp second time, revocation of bóng đá hôm nay trực tiếp investment registration certificate. This was bóng đá hôm nay trực tiếp dispute between shareholders in relation to bóng đá hôm nay trực tiếp transfer of shares and bóng đá hôm nay trực tiếp abovementioned revocations.

Trial court’s determination of bóng đá hôm nay trực tiếp dispute regarding ownership between DWS company and HDT company was not correct. However, during its trial, bóng đá hôm nay trực tiếp trial court’s settlement of bóng đá hôm nay trực tiếp dispute between HDT and DWS on capital contribution and request for revocation of bóng đá hôm nay trực tiếp enterprise registration certificate revised for bóng đá hôm nay trực tiếp second time and bóng đá hôm nay trực tiếp investment registration certificate was relevant to legal relationships in dispute.

During trial, bóng đá hôm nay trực tiếp trial court carried out procedures for serving a valid summons or writ to litigants.  After bóng đá hôm nay trực tiếp preliminary trial, litigants were granted bóng đá hôm nay trực tiếp rights to submit protests according to appellate hearing procedures and appear at bóng đá hôm nay trực tiếp appellate court.

Therefore, determination of bóng đá hôm nay trực tiếp right to participate in bóng đá hôm nay trực tiếp court proceedings, serve a summons or writ to litigants by bóng đá hôm nay trực tiếp trial court did not affect procedural rights and obligations between parties involved, and did not seriously violate regulations on legal proceedings.

1.2. Case contents:

VK H is a joint venture company, is established as a multiple-member limited liability company, is bóng đá hôm nay trực tiếp Vietnamese legal entity entering into bóng đá hôm nay trực tiếp business partnership agreement on March 10, 2007 between 3 companies, including N Development and Trading Company, bóng đá hôm nay trực tiếp foreign party which is P&D K Co., Ltd. and Lucky Vietnam Construction Company, and appoints Mr. Jong-Suk, Lee—Director General – as bóng đá hôm nay trực tiếp legal representative according to bóng đá hôm nay trực tiếp enterprise registration certificate No. 0305339044 issued on August 30, 2007.

VK H company is operated under bóng đá hôm nay trực tiếp investment certificate and is subject to bóng đá hôm nay trực tiếp Law on Enterprises of Vietnam.

According to bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109 dated August 30, 2007 of bóng đá hôm nay trực tiếp Ho Chi Minh City People’s Committee, revised for bóng đá hôm nay trực tiếp first time on December 4, 2009 and issued to bóng đá hôm nay trực tiếp Vietnam – South Korea Nh Planning and Development Co., Ltd. to execute bóng đá hôm nay trực tiếp SAIGON-CASTLE high-rise building project with total investment of VND 1,264,000,000,000 equivalent to USD 79,000,000.  Including total contributed capital accounting for 30%: VND 381,895,214,200 equivalent to USD 23,868,440. This funding was composed of bóng đá hôm nay trực tiếp followings:

- N Development and Trading Joint Stock Company: Land use right making up 20% (VND 76,379,042,840 equaling USD 4,773,688.8) which is bóng đá hôm nay trực tiếp value of land use right of bóng đá hôm nay trực tiếp 29,310 m²land plot located at Tan My residential zone, Nguyen Luong Bang street, Tan Phu ward, District 7, Ho Chi Minh city.

- Foreign parties: 80% (VND 305,516,171,360 equaling USD 19,94,751.2), including 62% of funding provided by P&D K Co., Ltd. and 18% of funding provided by Lucky Vietnam Construction Co.  Parties contributed their capital within 02 months from August 30, 2007.

bóng đá hôm nay trực tiếp life of bóng đá hôm nay trực tiếp project is 50 years from 200 and bóng đá hôm nay trực tiếp project has been implemented from end of 2007 to April 2010. In fact, by 2016, bóng đá hôm nay trực tiếp project has not been carried out on schedule.

* With respect to transfer of contributed capital:

This conformed to point c of clause 3 of Article 54 in bóng đá hôm nay trực tiếpLaw on Enterprises in Viet Nam:

3. Shares of contributed capital was redeemed or transferred under bóng đá hôm nay trực tiếp provisions of Article 52 and 53 in this Law in bóng đá hôm nay trực tiếp following cases:

c) Shareholders were closed or bankrupt.

Clause 1 of Article 53 in bóng đá hôm nay trực tiếp Law on Enterprises regulates that:

“1. Except for bóng đá hôm nay trực tiếp case in Clause 3 Article 52, Clause 5 and Clause 6 Article 54 of this Law, every member of multi-member limited liability company are entitled to transfer part or all of his/her stake to another person as follows:

a) Offer bóng đá hôm nay trực tiếp stakes to other members in proportion to their stakes in bóng đá hôm nay trực tiếp company under bóng đá hôm nay trực tiếp same conditions;

b) Only transfer bóng đá hôm nay trực tiếp stake under bóng đá hôm nay trực tiếp same conditions applied other members prescribed in Point a of this Clause to persons other than members if bóng đá hôm nay trực tiếp members do not buy or do not buy completely within 30 days from bóng đá hôm nay trực tiếp offering date.”

Paragraph 8.6 of Article 8 in bóng đá hôm nay trực tiếp Business Partnership Agreement and VK H’s statutes prescribes that:“All transfers in breach of contractual terms and conditions as well as transfer procedures prescribed in this Agreement shall not be bound to parties or bóng đá hôm nay trực tiếp company".

According to documents provided by foreign parties, joint venture parties, including P&D Co., Ltd. and Lucky Vietnam Construction Co., have already been bankrupt under bóng đá hôm nay trực tiếp judgement of bóng đá hôm nay trực tiếp Court of South Korea issued in 2015.

After bankruptcy, in March 2016, Asset Management Officer in South Korea signed bóng đá hôm nay trực tiếp agreement on transfer of shares of P&D K Co., Ltd. (62%) and Lucky Vietnam Construction Co. (18%) at VK H company to DWS, which was not bóng đá hôm nay trực tiếp company’s shareholder.

Transfer of shares was accepted by parties involved and carried out through bóng đá hôm nay trực tiếp agreement on transfer of shares dated March 16, 2016 which is translated and authenticated in accordance with regulations in force. Therefore, such transfer was considered to check whether it conformed to laws.

In such case, P&D company and LVC company were declared bankrupt and had to transfer their shares without requiring VK H company to buy back their shares and did not offer shares to HDT. This was in breach of VK Housing's statutes and Law on Enterprises, did not constitute conformity to requirements for transfer of shares to non-members, specifically including DWS. Owing to this fact, as they did not have bóng đá hôm nay trực tiếp right to transfer shares, bóng đá hôm nay trực tiếp agreement on transfer of shares dated March 16, 2016 between P&D company on one side and LVC and DWS on bóng đá hôm nay trực tiếp other side became void and null in accordance with regulations laid down in Article 128 in bóng đá hôm nay trực tiếpCivil Code 2005 in Viet Nam, which is Article 123 in bóng đá hôm nay trực tiếpCivil Code 201 in Viet Namnow.

* With respect to bóng đá hôm nay trực tiếp minutes of bóng đá hôm nay trực tiếp meeting of VK H’s Board of Directors:In bóng đá hôm nay trực tiếp Meeting's Minutes No. HDTV 29-2016 dated March 23, 2016 of VK H’s Board of Directors with bóng đá hôm nay trực tiếp presence of interested parties and bóng đá hôm nay trực tiếp resolution of bóng đá hôm nay trực tiếp Board of Directors approved by all shareholders participating in proportion to their shares in accordance with bóng đá hôm nay trực tiếp company's statutes.

Regarding bóng đá hôm nay trực tiếp contents, although bóng đá hôm nay trực tiếp agreement to transfer contributed capital of P&D K Co., Ltd. and Lucky Vietnam Construction Company to DWS did not assure conformity to transfer requirements; they did not have bóng đá hôm nay trực tiếp rights to transfer shares, violated VK H's Charter and bóng đá hôm nay trực tiếp Law on Enterprises, VK H's Board of Directors still issued a resolution with bóng đá hôm nay trực tiếp content of accepting DWS as a new shareholder accounting for 80% of bóng đá hôm nay trực tiếp equity, including 62% of P&D and 18% of LVC, and changing bóng đá hôm nay trực tiếp legal representative of VK H Company. In this situation, decisions of bóng đá hôm nay trực tiếp Board of Directors of VK H company at this meeting were not legally valid.

In addition, according to bóng đá hôm nay trực tiếp agreement on transfer of shares of P&D K Co, Ltd and Lucky Vietnam Construction to DWS, although bóng đá hôm nay trực tiếp transfer of shares must “i. apply for endorsement of this agreement from bóng đá hôm nay trực tiếp Court of Vietnam”, bóng đá hôm nay trực tiếp Board of Directors continued to approve their capital contribution. This led to bóng đá hôm nay trực tiếp shareholding status of DWS in breach of bóng đá hôm nay trực tiếp agreement on transfer of shares.

Therefore, bóng đá hôm nay trực tiếp trial court’s revocation of bóng đá hôm nay trực tiếp Minutes No. HDTV 29-2016 dated March 23, 2016, other decisions of bóng đá hôm nay trực tiếp Board of Directors and certificate of shares of DWS in VK H was based on legal bases and laws.

* In terms of corporate registration changes:

On April 21, 2016, bóng đá hôm nay trực tiếp Business Registration Division controlled by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2nd change) to VK H according to bóng đá hôm nay trực tiếp Minutes of bóng đá hôm nay trực tiếp 29^thmeeting of bóng đá hôm nay trực tiếp Board of Directors dated March 23, 2016, including bóng đá hôm nay trực tiếp following contents: VK H company changed enterprise registration, substituting P&D K Co, Ltd and Lucky Vietnam Construction company holding 80% of shares by DWS as a shareholder at VK H and substituting Mr. JONG SUK, LEE by Mrs. YEH KUO, SHUN-KUAI, VK H’s legal representative.

On April 29, 2016, bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Investment Registration Certificate No. 2162333062 in place of bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109, certifying bóng đá hôm nay trực tiếp owners of bóng đá hôm nay trực tiếp Mark high-rise building project are HDT and DWS.

On September 29, 2017, bóng đá hôm nay trực tiếp Business Registration Division affiliated to bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city issued bóng đá hôm nay trực tiếp Decision No. *790103/17* to revoke bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2^ndchange) of VK H and restored bóng đá hôm nay trực tiếp effect of bóng đá hôm nay trực tiếp Investment Certificate No. 411022000109 with Mr. Jong-Suk, Lee as a legal representative.

Therefore, bóng đá hôm nay trực tiếp decisions on issuance of bóng đá hôm nay trực tiếp enterprise registration certificate revised for bóng đá hôm nay trực tiếp second time and bóng đá hôm nay trực tiếp investment registration certificate were deemed particular in accordance with Article 34 in bóng đá hôm nay trực tiếp Civil Procedures Code.

Particular decisions on change in enterprise registration and issuance of bóng đá hôm nay trực tiếp investment registration certificate by bóng đá hôm nay trực tiếp Business Registration Division and bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city were made upon request of VK H company based on contents of bóng đá hôm nay trực tiếp minutes of bóng đá hôm nay trực tiếp 29^thmeeting of bóng đá hôm nay trực tiếp Board of Directors dated March 23, 2016 with changes in enterprise registration agreed by bóng đá hôm nay trực tiếp Board of Directors on bóng đá hôm nay trực tiếp basis of bóng đá hôm nay trực tiếp agreement on transfer of shares from P&D K Co, Ltd. and Lucky Vietnam Construction company to DWS.

However, VK H's Board of Directors' approval of changes in enterprise registration was not correct as that agreement did not form good grounds for such transfer, did not bind involved parties and did not specify any right and obligations of contracting parties.  Therefore, bóng đá hôm nay trực tiếp Minutes No. HDTV 29-2016 dated March 23, 2016 of VK H‘s Board of Directors, containing substituting DWS as a new shareholder, transfer of shares (80%), including 62% of P&D and 18% of LVC, and change in bóng đá hôm nay trực tiếp legal representative of VK H, was not legally valid.

On September 29, 2017, bóng đá hôm nay trực tiếp Business Registration Division’s withdrawal of enterprise business certificates revised for bóng đá hôm nay trực tiếp 2^ndtime was conformable to clause 1 of Article 63 in bóng đá hôm nay trực tiếp Government’s Decree No. 78/2015/ND-CP dated September 14, 2015 on enterprise registration; point a of clause 1 of Article 211 in bóng đá hôm nay trực tiếp 2014 Law on Enterprises.

In bóng đá hôm nay trực tiếp Notice No. 5662 dated August 26, 2019 of bóng đá hôm nay trực tiếp Business Registration Division – bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city - regarding enterprise registration of VK H Co., Ltd., bóng đá hôm nay trực tiếp Business Registration Division was not yet implementing bóng đá hôm nay trực tiếp Decision on withdrawal of bóng đá hôm nay trực tiếp registration for change in enterprise (bóng đá hôm nay trực tiếp 2^ndtime) because they expected bóng đá hôm nay trực tiếp Court's decision and obeyed it.  Therefore, bóng đá hôm nay trực tiếp trial court's revocation of bóng đá hôm nay trực tiếp enterprise registration certificate revised for bóng đá hôm nay trực tiếp second time was founded.

According to such decision, bóng đá hôm nay trực tiếp trial court's decision on revocation of bóng đá hôm nay trực tiếp minutes, bóng đá hôm nay trực tiếp Board of Directors’ resolution dated March 23, 2016 and bóng đá hôm nay trực tiếp certificate of share of 80% of DWS’s capital contribution at VK H company was conformable to Article 8 of VK H’s statutes and clause 3 of Article 54 and 63 in bóng đá hôm nay trực tiếp Law on Enterprises 2014; bóng đá hôm nay trực tiếp trial court’s decision on revocation of bóng đá hôm nay trực tiếp investment registration certificate dated April 29, 2016 was founded and legitimate.

2/ Considering bóng đá hôm nay trực tiếp appeal by bóng đá hôm nay trực tiếp People’s High Procuracy of Ho Chi Minh city:

In terms of authority, as P&D K Co, Ltd and Lucky Vietnam Construction company were foreign involved parties establishing VK H Joint Venture Company to carry out bóng đá hôm nay trực tiếp SAIGON-CASTLE high-rise building Project (now bóng đá hôm nay trực tiếp Mark building), bóng đá hôm nay trực tiếp dispute over bóng đá hôm nay trực tiếp agreement on transfer of shares of P&D K Co, Ltd and Lucky Vietnam Construction company in VK H to DWS was a civil case related to rights over property which was real estate in Vietnam. Besides, according to agreements laid down in clause 5 of Article 3 in bóng đá hôm nay trực tiếp agreement on transfer of shares, bóng đá hôm nay trực tiếp transferee had to carry out necessary procedures, such as "i. applying for endorsement of this agreement from bóng đá hôm nay trực tiếp Court of Vietnam". Hence, bóng đá hôm nay trực tiếp Court of Vietnam had bóng đá hôm nay trực tiếp particular jurisdiction over settlement of this dispute in accordance with point a of clause 1 of Article 470 in bóng đá hôm nay trực tiếp Civil Procedures Code.

With respect to bóng đá hôm nay trực tiếp right to file bóng đá hôm nay trực tiếp appeal, bóng đá hôm nay trực tiếp decision on modification of bóng đá hôm nay trực tiếp preliminary verdict No. 541/2018/QD-SCBSBA dated November 22, 2018 added bóng đá hôm nay trực tiếp sentence “DWS has bóng đá hôm nay trực tiếp right to file an appeal within 12 months after bóng đá hôm nay trực tiếp Court’s issue of its judgement” and DWS managed to file its appeal within this duration according to bóng đá hôm nay trực tiếp appeal letter dated October 30, 2018. This did not cause loss of DWS's right to file an appeal.

3/ Authorizing bóng đá hôm nay trực tiếp rest of other shareholders in HDT to manage VK H company:

P&D Co., Ltd. and Lucky Vietnam Construction Co. have already been bankrupt under bóng đá hôm nay trực tiếp judgement of bóng đá hôm nay trực tiếp Court of South Korea issued in 2015.

bóng đá hôm nay trực tiếp remaining amount of shares of these companies in VK H company were disposed of in accordance with Article 52, 53 and 54 in bóng đá hôm nay trực tiếp Law on Enterprises. bóng đá hôm nay trực tiếp action taken to dispose of these shares included bóng đá hôm nay trực tiếp request made by P&D K Co, Ltd and Lucky Vietnam Construction company for VK H’s redemption or offering of shares to other shareholders.

Because VK H company had only one shareholder, it did not meet requirements for continuation of its business according to its business type. bóng đá hôm nay trực tiếp trial court’s decision to temporarily authorize HDT company as a shareholder to exercise bóng đá hôm nay trực tiếp right to manage VK H company during bóng đá hôm nay trực tiếp period of looking for heirs or beneficiaries of shares of P&D K Co, Ltd and Lucky Vietnam Construction was proper.

By bóng đá hôm nay trực tiếp aforesaid reasons, bóng đá hôm nay trực tiếp Trial panel rejected bóng đá hôm nay trực tiếp appeal of DWS, VK H and bóng đá hôm nay trực tiếp protest made by bóng đá hôm nay trực tiếp Chief Prosecutor of bóng đá hôm nay trực tiếp People’s High Procuracy of Ho Chi Minh city, and maintained bóng đá hôm nay trực tiếp trial court's verdict.

DWS company and VK H company must pay all legal costs incurred from trial for bóng đá hôm nay trực tiếp appeal against bóng đá hôm nay trực tiếp trial court’s verdict on bóng đá hôm nay trực tiếp commercial business case in accordance with laws.

In light of bóng đá hôm nay trực tiếp aforesaid;

Pursuant to point a of clause 1 of Article 87 in bóng đá hôm nay trực tiếp 2015 Civil Procedures Code;

HEREBY DECIDES

Reject bóng đá hôm nay trực tiếp appeal of DWS company and VK H company, bóng đá hôm nay trực tiếp Protest No. 40/QDKNPT-VKS-KDTM dated November 22, 2018 of bóng đá hôm nay trực tiếp Chief Prosecutor of bóng đá hôm nay trực tiếp People’s High Procuracy of Ho Chi Minh city, and retain bóng đá hôm nay trực tiếp trial court’s verdict.

- Accept bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings from bóng đá hôm nay trực tiếp N Development and Trading Shareholding Company (briefly called HDT) in which bóng đá hôm nay trực tiếp Court was petitioned not to recognized agreements on transfer of shares in Vietnam - South Korea Housing Planning and Development Limited Liability Company (briefly called VK H) from O&D K Co., Ltd. (briefly called P&D) and Lucky Vietnam Construction Company (briefly called LVC) to DWS Company (briefly called DWS). Declaring that bóng đá hôm nay trực tiếp agreement on transfer of shares signed between P&D and DWS on March 16, 2016 and bóng đá hôm nay trực tiếp agreement on transfer of shares signed between LVC and DWS on March 16, 2016 on transfer of all of shares owned by P&D and LVC at VK H to DWS was null and void agreements to which involved parties are not bound.

- Accepting bóng đá hôm nay trực tiếp request for initiation of bóng đá hôm nay trực tiếp court proceedings from HDT in which bóng đá hôm nay trực tiếp Court was petitioned to revoke its administrative decision on change in share ownership interests at VK H transferred from P&D and LVC to DWS. Declaring that bóng đá hôm nay trực tiếp Minutes of bóng đá hôm nay trực tiếp meeting of bóng đá hôm nay trực tiếp Board of Directors No. HDTV 29-2016 dated March 23, 2016, bóng đá hôm nay trực tiếp Letter of Confirmation No. 01/2016/GXN-VP dated April 20, 2016, bóng đá hôm nay trực tiếp Letter of Confirmation No. 02/2016/GXN-VP dated April 20, 2016 and bóng đá hôm nay trực tiếp Decision No. HDTV 30-2016 dated April 23, 2016, all of which were issued by VK H, were null and void civil transactions which were not in effect; revoking bóng đá hôm nay trực tiếp Enterprise Registration Certificate (bóng đá hôm nay trực tiếp 2nd change) issued by bóng đá hôm nay trực tiếp Business Registration Division under bóng đá hôm nay trực tiếp jurisdiction of bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city to VK H on April 21, 2016 and bóng đá hôm nay trực tiếp Investment Registration Certificate No. 2162333062 dated April 29, 2016 issued by bóng đá hôm nay trực tiếp Department of Planning and Investment of Ho Chi Minh city.

- During bóng đá hôm nay trực tiếp period when there was none of heirs to or beneficiaries of P&D's and LVC's shares at VK H, HDT was given bóng đá hôm nay trực tiếp right to manage bóng đá hôm nay trực tiếp aforesaid shares at VK H like its shareholders.

- DWS company and VK H company must pay all legal costs incurred from trial for bóng đá hôm nay trực tiếp appeal against bóng đá hôm nay trực tiếp trial court’s verdict on bóng đá hôm nay trực tiếp commercial business case in accordance with laws. Each must pay VND 2,000,000 according to bóng đá hôm nay trực tiếp receipts of advance payment on legal cost No. 0045668 dated November 16, 2018 and No. 0045615 dated November 8, 2018 issued by bóng đá hôm nay trực tiếp Civil Enforcement Department of Ho Chi Minh city.

- Other parts of bóng đá hôm nay trực tiếp trial court's verdict not subject to such appeal or protest shall be in force from bóng đá hôm nay trực tiếp date of expiry of such appeal or protest.

- bóng đá hôm nay trực tiếp Appellate Court’s verdict shall enter into force from bóng đá hôm nay trực tiếp date of announcement of this verdict.