Chi Dong Eun v L & A (8195) and others

The winding-up petition is struck out, as Mr Chi was not a registered shareholder for 6 of the 18 months before filing, as required by law. In a Feb-2017 hearing, Chi produced a share certificate in the name of Liu Longcheng, a plaintiff in another case against L&A. Judge Anthony Chan refers his judgment to the Director of Public Prosecution, as the evidence "invites the investigation…as to whether any of the common law offences of maintenance and champerty has been committed." We note that most investors in HK are not on the share register due to the central depository system, making the law on winding-up unavailable to them.

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