Read the full judgment text of HCMP 2001/2013 on BabelCite. This High Court CFI judgment was delivered on 22 October 2013.
1. I have before me an application by the joint and several liquidators of Tisco Securities Hong Kong Limited (“the company”). The company was placed in members’ voluntary liquidation in 2008. The company had previously conducted activities, including stockbroking, and at the time that it was placed in voluntary liquidation, it had received cash from clients which it either retained or which had been used to purchase securities on their behalf.
Cites 2 cases