Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Limitation and prosecution bar
  • 10 Apr 2014

    NG CHI FUNG v. IMINDS INTERACTIVE LTD

    Citation
    NG CHI FUNG v. IMINDS INTERACTIVE LTD
    Court
    Court of First Instance
    Case number
    HCMP184/2014

    The court dismissed applications to remedy breaches predated by the three year prosecution bar under s351A and refused to make orders solely to accommodate listing requirements for unprosecutable breaches; however, for the year ending 31 March 2011 the audited accounts presented at the AGM were non‑compliant because first accounts must end no later than the latest date on which they could properly be prepared and presented in compliance with s122 and s111, and accordingly the court may exercise its power under s122(1B) to extend the period and substitute the AGM requirement and ordered remedi…