Read the full judgment text of CACV 248/2015 on BabelCite. This Court of Appeal judgment was delivered on 26 February 2016.
11. In addition, this court is troubled by the “undertaking” offered by AFM that there will be no further application of this type, and consequently there will be at least HK$1.1 million left of the case (after deducting the HK$1.9 million applied for under this application). It has been said that the undertaking is offered to answer a concern expressed by this court previously that the company appears to be in the course of exhausting its assets. However, such a stance seems to suggest that A
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