26 Jul 2005
YUANTA SECURITIES ASIA FINANCIAL SERVICES LTD v. CORE PACIFIC INVESTMENT HOLDINGS (BVI) LTD AND OTHERS
- Citation
- YUANTA SECURITIES ASIA FINANCIAL SERVICES LTD v. CORE PACIFIC INVESTMENT HOLDINGS (BVI) LTD AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV113/2005
The appeal was allowed and the disclosure order set aside because, even if jurisdiction to order disclosure or costs against a non‑party existed, the judge mis‑exercised his discretion: disclosure at the interlocutory stage would likely spawn satellite litigation, create overlapping issues with the substantive petition and delay resolution of winding‑up/section 168A proceedings; the public interest in expedition of such proceedings and the absence of prejudice to the Petitioner warranted refusal of the disclosure order.