The Court of First Instance (the Court) has recently sanctioned a number of directors of listed companies by way of disqualification orders pursuant to section 214 of the Securities and Futures Ordinance. These latest cases serve to remind directors that failure to exercise reasonable care, skill and diligence as required under their directors’ duties may lead to serious consequences (b
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RegisterDirectors’ failure to exercise independent judgment and make reasonable enquiries will lead to serious consequences as demonstrated in recent section 214 cases
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Hong Kong
December 26 2019
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Monique Greene
Corporate Counsel
Powershop
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