4 Nov 2021
HONG KONG ZHIXIN FINANCIAL NEWS AGENCY LTD v. CHINA MAPLE LEAF EDUCATIONAL SYSTEMS LTD
- Citation
- [2021] HKCFI 3398
- Court
- Court of First Instance
- Case number
- HCA2973/2016
The summons for leave to adduce a supplemental witness statement was dismissed because the application was seriously and unjustifiably delayed, the evidence could and should have been included earlier without explanation, the asserted loss was not properly pleaded and was speculative, and specific performance was not an appropriate remedy for compelling allotment of freely traded shares where damages and mitigation (purchase of replacement shares) are adequate remedies.