Read the full judgment text of HCMP 363/2020 on BabelCite. This High Court CFI judgment was delivered on 8 March 2023.
1. Before me this morning is the summons filed by the plaintiff on 6 July 2022, pursuant to section 738 of the Companies Ordinance, Cap 622. The plaintiff asks for its costs in these proceedings to be paid by the 2 nd defendant, Mr Simon Tsang, personally on an indemnity basis. Tsang disagrees and contends that the 1 st defendant (“the Company”) should indemnify the plaintiff of such costs out of its assets. This is the main contentious issue before me today.
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