Read the full judgment text of HCMP 3051/2015 on BabelCite. This High Court CFI judgment was delivered on 25 February 2016.
1. I am satisfied on the material before the court that my discretion should be exercised in this case to grant the relief sought so that the plaintiffs may avoid the potential prosecution for the breach of s.122(1A) and s.122(2) of the Companies Ordinance, Cap 32. In particular, I believe that the 3 factors identified in Re Sanliuyidu (HK) Sports Goods Co Ltd [2009] 4 HKLRD 708 have been met and that the infractions here are relatively minor, namely, the financial documents were 10-month old in