31 Dec 2009
SECURITIES AND FUTURES COMMISSION v. LIU SU KE
- Citation
- SECURITIES AND FUTURES COMMISSION v. LIU SU KE
- Court
- Court of First Instance
- Case number
- HCMA518/2009
The court concluded the appellant's grounds of appeal lacked merit: it affirmed the magistrate's findings that the shares were subject to an equitable mortgage giving rise to a notifiable interest and that the appellant bore an evidential burden to raise a 'reasonable excuse'; accordingly the appeal was without merit and costs should follow under s13 Costs in Criminal Cases Ordinance.