8 Sept 2009
SECURITIES AND FUTURES COMMISSION v. WONG KWONG YU AND OTHERS
- Citation
- SECURITIES AND FUTURES COMMISSION v. WONG KWONG YU AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP1496/2009
The court refused the SFC's proposed variation because the mechanistic top-up/withdrawal regime would unduly fetter the court's discretion, be impracticable to police, and potentially oppressive (particularly paragraph 8); instead the ex parte order was continued as against the 1st and 2nd defendants while limited relief and directions were made as to the 3rd and 4th defendants, including retaining the deposited share certificates with the court until determination or trial.