18 Dec 2023
CHINA PING AN INSURANCE OVERSEAS (HOLDINGS) LTD v. LUCK GAIN LTD AND OTHERS
- Citation
- [2023] HKCFI 3315
- Court
- Court of First Instance
- Case number
- HCA1196/2022
Clause 4.2 of the Subscription Agreement, read in context, creates a clear and enforceable contractual obligation owed by the issuer and guarantor to the plaintiff to ensure the Certificates (including Definitive Certificates upon an event of default) are delivered to the registrar for authentication; that obligation is not inconsistent with the Bond Documents or the intermediated securities regime; there was no triable issue or arguable defence and final judgment granting specific performance was appropriate.