18 Apr 2002
RE C.A. PACIFIC SECURITIES LTD (in liquidation)
- Citation
- RE C.A. PACIFIC SECURITIES LTD (in liquidation)
- Court
- Court of First Instance
- Case number
- HCMP197/2002
Extension of time to appeal was granted because the applicant offered a reasonable explanation for a short delay, the appeal raised an arguable point of substance that clients who signed a Memorandum of Deposit but did not use margin facilities may not properly be treated as margin account clients, and the prejudice to the liquidators did not outweigh the applicant's right to have the matter determined on appeal.