Read the full judgment text of HCMP 392/2025 on BabelCite. This High Court CFI judgment was delivered on 16 May 2025.
1. The Applicant was licensed by the Securities and Futures Commission to carry on business of dealing with securities under the Securities and Futures Ordinance, Cap 571, with a Type 1 License, with no conditions nor restrictions. Since 1 September 2023, the Applicant has terminated its business. By this originating summons filed on 13 March 2025 (“ OS ”), the Applicant seeks to pay cash and shares unclaimed by its clients into Court, pursuant to sections 56 and 62 of the Trustee Ordinance, Cap
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