15 Jun 2018
NGAN PUI CHI AND ANOTHER v. BAO QUAN
- Citation
- [2018] HKCFI 1383
- Court
- Court of First Instance
- Case number
- HCA2262/2013
Stay of execution was granted because the court identified strong grounds of appeal on entitlement to transfer pledged shares and validity/performability of the forfeiture orders (Grounds 3 and 4), the defendant offered specific and enforceable undertakings restraining disposition and actions in the company, and the court balanced the risk of nugatory appeal against prejudice to plaintiffs by making the stay conditional on specified undertakings and timely filing of supplemental grounds.