In re the Dissolution of Lowbet Realty Corp. Shau Chung Hu

OPINION OF THE COURT

Carolyn E. Demarest, J.

In this proceeding to wind up the affairs of Lowbet Realty Corp. (Lowbet), petitioner Shau Chung Hu moves, by order to show cause, pursuant to Business Corporation Law § 1107, to amend his petition, seeking court supervision of the liquidation of respondent corporation upon its dissolution pursuant to Business Corporation Law § 1008, to include claims arising from the purportedly fraudulent sale of the building located at 973 44th Street, Brooklyn, New York (the property), Lowbet’s sole asset; pursuant to CPLR 401, to join proposed respondents 973…