Power Securities Co Ltd (Formerly Known As Jun Yang Securities Co Ltd) v. Sin Kwok Lam and Others

Case No.CACV 594/2019[2023] HKCA 594
Court
Court of Appeal
Date21 Apr 2023
JudgeChu VP, Yuen JA, Barma JA
Case Document
100%

CACV 594/2019 & CACV 59/2020

(Heard Together)

[2023] HKCA 594

On Appeal From [2019] HKCFI 2920

CACV 594/2019

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF APPEAL

CIVIL APPEAL NO 594 OF 2019

(ON APPEAL FROM HCA NO 1719 OF 2018 AND

HCA NO 1071 OF 2019)

_________________________________________

HCA 1719/2018

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO 1719 OF 2018

___________________________________________

BETWEEN        
POWER SECURITIES COMPANY LIMITED
(權威證券有限公司) (formerly known as JUN YANG SECURITIES COMPANY LIMITED (君陽證券有限公司))
Plaintiff
and
SIN KWOK LAM 1st Defendant
MAI SHAO HANG 2nd Defendant
BEST YEAR ENTERPRISES LIMITED
(好年企業有限公司) (in liquidation)
3rd Defendant
ENHANCE PACIFIC LIMITED 4th Defendant

______________________________________

(By Original Action)

BETWEEN    
BEST YEAR ENTERPRISES LIMITED
(好年企業有限公司) (in liquidation)
1st Plaintiff
SIN KWOK LAM 2nd Plaintiff
and
POWER SECURITIES COMPANY LIMITED
(權威證券有限公司) (formerly known as JUN YANG SECURITIES COMPANY LIMITED (君陽證券有限公司))
1st Defendant
NG KAM LUNG VOLAIS 2nd Defendant
TANG CHING HO 3rd Defendant
SIT SAI HUNG, BILLY 4th Defendant

______________________________________

(By Counterclaim)

AND

HCA 1071/2019

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF FIRST INSTANCE

ACTION NO 1071 OF 2019

________________________

BETWEEN        
BEST YEAR ENTERPRISES LIMITED
(好年企業有限公司) (in liquidation)
1st Plaintiff
SIN KWOK LAM 2nd Plaintiff
and
POWER SECURITIES COMPANY LIMITED
(權威證券有限公司) (formerly known as JUN YANG SECURITIES COMPANY LIMITED (君陽證券有限公司))
1st Defendant
TANG CHING HO 2nd Defendant

________________________

(HEARD TOGETHER)

AND

CACV 59/2020

IN THE HIGH COURT OF THE

HONG KONG SPECIAL ADMINISTRATIVE REGION

COURT OF APPEAL

CIVIL APPEAL NO 59 OF 2020

(ON APPEAL FROM HCA NO 1071 OF 2019)

________________________

BETWEEN    
BEST YEAR ENTERPRISES LIMITED
(好年企業有限公司) (in liquidation)
1st Plaintiff
SIN KWOK LAM 2nd Plaintiff
and
POWER SECURITIES COMPANY LIMITED
(權威證券有限公司) (formerly known as JUN YANG SECURITIES COMPANY LIMITED (君陽證券有限公司))
1st Defendant
TANG CHING HO 2nd Defendant

______________________

(HEARD TOGETHER)

Before: Hon Chu VP, Yuen and Barma JJA in Court
Date of Hearing: 9 July 2021
Dates of Post-hearing Submissions: 24 August 2021, 26 August 2021 and 31 August 2021
Date of Judgment: 21 April 2023

________________________

CORRIGENDUM

________________________

Please note the following corrigendum for the Judgment dated 21 April 2023: -

1.At page 1 between line C and line D,

“On Appeal From [2021] HKCFI 2920” should read

On Appeal From [2019] HKCFI 2920



Dated this 21st day of June, 2023

  (Lisa LEUNG)
for Registrar, High Court