4 Aug 2025
YANG YUN AND OTHERS v. CHINA YUN LONG INVESTMENT HOLDINGDS GROUP LTD (formerly known as CHINA SHOUTONG INVESTMENTS HOLDING GROUP LTD) AND ANOTHER
- Citation
- [2025] HKCFI 4218
- Court
- Court of First Instance
- Case number
- HCA1173/2021
The summons for leave to adduce the 3rd affirmation was dismissed because the plaintiffs failed the first Ladd v Marshall condition: the Financial Statements and auditor email were already in plaintiffs' possession before the Master’s hearing and plaintiffs did not demonstrate reasonable diligence or a strongly pleaded and established case of fraud to justify relaxing the rule; consequently leave was refused and costs were awarded to defendants.