2 May 2003
FRIEDMANN PACIFIC GREATER CHINA INVESTMENTS LTD v. PRUDENCE SECURITIES CO LTD
- Citation
- FRIEDMANN PACIFIC GREATER CHINA INVESTMENTS LTD v. PRUDENCE SECURITIES CO LTD
- Court
- Court of First Instance
- Case number
- HCMP1642/2003
The ex parte order was discharged because the investigation began under the repealed SDIO before the SFO commenced and Section 86, Schedule 10 preserves the SDIO regime; the court has no jurisdiction to compel answers under either SDIO or SFO because each is a self-contained code; the notification was invalid for providing an unreasonable time to comply (half a working day) and the ex parte application lacked justification, therefore the order founded on that notification must be discharged.