16 Oct 2020
TRAXYS EUROPE S.A. v. KHINGAN RESOURCES LTD
- Citation
- [2020] HKCFI 2717
- Court
- Court of First Instance
- Case number
- HCCW186/2020
The court granted leave to file the affirmation in opposition out of time and declined to require payment into court because the delay did not prejudice the petitioner or delay the proceedings; however, the court ordered the company to pay the costs of the 5 October 2020 hearing and the costs of the application on an indemnity basis due to inexcusable mistakes by the company and its solicitors, and emphasised that Rule 32 must be complied with and should be amended to accommodate modern KYC realities.