Read the full judgment text of HCMP 1175/2023 on BabelCite. This High Court CFI judgment was delivered on 5 September 2023.
1. I have before me an originating summons issued by the Securities and Futures Commission against Vantage New Generation Securities Limited. By the originating summons the Commission seeks declarations of various breaches of the Securities and Futures Ordinance (“ Ordinance ”) and certain subsidiary legislation and also the appointment of administrators to take over the management of the Company which has ceased business and currently has no responsible officer.