30 Oct 2020
LIANG YUYU v. CHINA FUND SECURITIES LTD
- Citation
- [2020] HKCFI 2749
- Court
- Court of First Instance
- Case number
- HCA2411/2019
Intervention under s.385 SFO was permitted because the dishonest cheque actions concerned matters within the relevant provisions of the SFO, the Commission demonstrably had an interest by virtue of its functions, consultation with the Financial Secretary occurred, intervention was in the public interest to prevent dissipation of suspected proceeds and to guard against collusive or inadequately defended litigation, and the court exercised its discretion to allow intervention and order a stay pending investigation.