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Prosecution Case Details

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26 November 2014

In November 2014, New Centuries Management Limited, a founder member of Hong Kong Chuangxin International Financial Group Limited (CR No. : 1754839) ("the Company"), was prosecuted by the Companies Registry and convicted at the Eastern Magistrates’ Courts under section 18A(1) of the predecessor Companies Ordinance (i.e. the Companies Ordinance, Cap.32, as in force before the commencement of the Companies Ordinance, Cap. 622), for failing to deliver to the Registrar of Companies the specified form reporting the consents of its two directors to act as the first directors of the Company, within the prescribed period of 14 days after the date of incorporation. The Defendant was convicted and fined a total of $59,460.

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