Read the full judgment text of HCMA 001097/1995 on BabelCite. This High Court CFI judgment was delivered on 8 February 1996.
1. This was an appeal against a conviction for selling securities through the Unified Exchange without a presently exercisable and unconditional right to vest the securities in the purchaser of them, contrary to s.80(1) & (2) of the Securities Ordinance, Cap.333. The facts really were not in dispute.