26 Apr 2013
ACBEL POLYTECH INC. v. SEC (HONG KONG) CO LTD
- Citation
- ACBEL POLYTECH INC. v. SEC (HONG KONG) CO LTD
- Court
- Court of First Instance
- Case number
- HCA492/2013
The Plaintiff's application for disclosure was dismissed because the Mareva injunction is not a mechanism to provide security and the Plaintiff failed to show that disclosure was necessary to render the injunction effective; the Defendant was granted a limited order permitting Mizuho to release US$118,717.45 to meet bona fide March 2013 accounts payable, but other payment and disclosure requests were refused; the bank, being a non‑party, was not compelled to act beyond that limited permit; costs orders were made as stated.