Read the full judgment text of HCMP 1217/2023 on BabelCite. This High Court CFI judgment was delivered on 29 November 2023.
1. This is the hearing of the Petition presented on 31 July 2023 (“ Petition ”) by the 1 st Petitioner (“ CLICL ”) and the 2 nd Petitioner (“ Chubb Life HK ”) (“collectively “ Petitioners ”) whereby they seek an Order sanctioning the scheme referred to in the Petition to effect the proposed transfer, referred to below, from CLICL of its long term business to Chubb Life HK (“ Scheme ”) under s 24 of the Insurance Ordinance Cap. 41 (“ Ordinance ”).
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