16 Apr 2021
DELCO PARTICIPATION B.V. v. HWH HOLDINGS LTD
- Citation
- [2021] HKCFI 869
- Court
- Court of First Instance
- Case number
- HCA2943/2015
The court found Delco established a prima facie case for limited specific discovery: the immediate source of the funds forming the alleged debts is relevant to the question whether the debts represented unreported profits of PRC Operating Companies and, on the evidence, there was sufficient basis to order narrowed categories of bank/source‑of‑funds records and communications; overbroad aspects were blue‑pencilled (reduced date ranges and scope); CT must undertake further reasonable enquiries into documents within its power (including agents) though its prior voluntary searches may be relied u…