30 Apr 2010
SHEK LAI SAN v. SECURITIES AND FUTURES COMMISSION AND ANOTHER
- Citation
- SHEK LAI SAN v. SECURITIES AND FUTURES COMMISSION AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCAL115/2009
Leave refused because applicant failed to show a reasonably arguable case with realistic prospects of success; material evidence showed SFC had substantially or wholly completed investigations and HKMA made no decision to defer investigations; the enhanced complaints procedure was optional; granting the relief sought would upset contractual settlement and repurchase agreements and cause serious prejudice to large numbers of third parties; insufficient exceptional circumstances to entertain the academic challenge.