Winding-up Order granted against Salisbury Securities Limited

Written By: on INSOLVENCY MANAGEMENT, LIQUIDATION

SALISBURY SECURITIES LIMITED (In Liquidation) (“Salisbury”)COMPANIES WINDING-UP NO. 165 OF 2013

On Monday 24 June 2013, we were appointed Joint and Several Provisional Liquidators of Salisbury by an Order of the High Court of the Hong Kong Special Administrative Region on the application of the Securities and Futures Commission (“SFC”) of Hong Kong, pursuant to Section 193 of the Companies Ordinance. Salisbury was wound up on 28 August 2013 and we continue to act as the Joint and Several Provisional Liquidators of Salisbury. We are now proceeding to verify the entitlements of all clients and once these are established, we will apply to the Court for consent to make distributions of those securities and assets which are held on trust for the clients by Salisbury. Any derivative warrants owned by clients will also be dealt with expeditiously. If you wish to claims against Salisbury, please complete and submit the following documents to my office as soon as possible:-

1.
A duly completed Proof of Debt form (“POD”) [please click here to download the POD], together with a copy of all supporting documentation to substantiate your claims; and

2.
A cheque or cashier’s order or bank draft for HK$40 made payable to the “The Government of the HKSAR”, as the filing fee for the POD.

All enquiries concerning this matter should be directed to our hotline numbers, (+852) 2842 5091 or (+852) 2842 5074, from 9:00am to 1:00pm and from 2:00pm to 6:00pm, Monday to Friday.

J R Lees
Mat Ng
Joint and Several Provisional Liquidators

02 Sept 2013