17 Jan 2008
THE OFFICIAL RECEIVER v. LAM KWOK SHING AND ANOTHER
- Citation
- THE OFFICIAL RECEIVER v. LAM KWOK SHING AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP2240/2007
The court found on the balance of probabilities that the respondents were directors (including de facto), that the three companies were insolvent, that the respondents breached statutory duties to keep accounts and file statements and misapplied company funds by directing payments to companies they controlled; these findings rendered them unfit to be concerned in company management and mandated disqualification under s.168H. Applying Schedule 15 factors and the bracket approach, the court imposed a two‑year disqualification on the 1st respondent (after a six‑month discount for mitigation) and…