28 May 1994
TONG CHUN CHUNG AND OTHERS v. ONSHINE SECURITIES LTD
- Citation
- TONG CHUN CHUNG AND OTHERS v. ONSHINE SECURITIES LTD
- Court
- Court of First Instance
- Case number
- HCA4343/1991
Judge found Yeung was an employee of the defendant and his misappropriation of purchased shares amounted to the defendant's liability; plaintiffs had not irrevocably affirmed the contracts and properly elected restitution; defendant was not merely a conduit for funds; evidence did not establish valid delivery to Yeung or plaintiffs, so money had and received claims succeeded; court declined to refuse restitution in equity.