13 Aug 2014
CHENG LAP YIN v. SUPERBO TRADING CO. LTD
- Citation
- CHENG LAP YIN v. SUPERBO TRADING CO. LTD
- Court
- Court of First Instance
- Case number
- HCMP722/2014
Where defaults in laying accounts occurred more than three years before the application and there is no real risk of prosecution, the court will not properly exercise its discretion to extend time; similarly, where the breach is purely technical and poses no prosecution risk, the court will refuse to extend time under the Companies Ordinance.