6 Nov 2006
CHUNG NAM SECURITIES LTD v. WONG CHI HO ANTHONY
- Citation
- CHUNG NAM SECURITIES LTD v. WONG CHI HO ANTHONY
- Court
- District Court
- Case number
- DCCJ1699/2005
The court accepted the plaintiff's evidence that the defendant signed the margin agreement on 4 June 1999, that statements were sent to the defendant's residential address and were not objected to within the contractual 48‑hour period, and that the defendant either traded or authorised trading (including through his father); accordingly the defendant was liable for the outstanding deficit of HK$388,502.57 and associated interest and costs.