11 Oct 2023
RE PROMAN INTERNATIONAL LTD
- Citation
- [2023] HKCFI 2628
- Court
- Court of First Instance
- Case number
- HCCW215/2021
The Deloitte Candidates made materially incorrect disclosures under ss262B and 262D of Cap 32 (notably as to the timing of audit engagements and DAHK advisory relationships) and failed to provide satisfactory evidence to dispel the inaccuracies; therefore they were disqualified and the court, exercising its discretion (including discounting affiliated votes), appointed the PwC Candidates as liquidators and refused retrospective leave to validate Deloitte's position.