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Prosecution Case Details

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9 July 2025

In July 2025, KB FINANCIAL PLANNING LIMITED (BRN: 61007441) (“the Company”) was prosecuted by the Companies Registry and convicted of 11 counts of charges at the Eastern Magistrates’ Courts under section 349(1) of the Companies Ordinance, Cap. 622, for failing to deliver to the Registrar of Companies for registration notices of mortgagee entering into possession of property of companies, within 7 days after the date of entering into possession. A total fine of $70,840 was imposed by the Court.
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