30 Jan 2014
SHUM CHIU HUNG v. STEELMINE MINERALS (H.K.) DEVELOPMENT LTD
- Citation
- SHUM CHIU HUNG v. STEELMINE MINERALS (H.K.) DEVELOPMENT LTD
- Court
- Court of First Instance
- Case number
- HCMP2303/2013
Retrospective extensions under s122(1B) were refused because the companies had long periods where accounts were not prepared or audited until years later, the evidence failed to show inadvertence or that competent persons had been charged and relied upon, auditors' engagement documents undermined assertions of prior appointment, and the primary stated purpose (listing disclosure) no longer justified granting relief which would effectively relieve directors of potential criminal liability.