9 May 2025
江小佩 v. CENTRAL CHINA REAL ESTATE LTD
- Citation
- [2025] HKCFI 1795
- Court
- Court of First Instance
- Case number
- HCA866/2023
The Master and the court correctly dismissed the plaintiff's Order 14 application because the defendant raised a bona fide triable issue that the plaintiff lacks standing under the Indenture (only the registered holder DBAG London has the contractual right to sue), the Euroclear authorisation letters do not establish authorisation by the registered holder nor compliance with the Indenture provisions for issuance of certificated notes, and therefore the intended appeal is unmeritorious so no extension of time to appeal is granted.