Order: In the Matter of Teknoscan Systems Inc. et al.

Order

IN THE MATTER OF
TEKNOSCAN SYSTEMS INC., H. SAMUEL HYAMS,
PHILIP KAI-HING KUNG and SOON FOO (MARTIN) TAM

File No. 2022-19

Adjudicators:

Andrea Burke (chair of the panel)
James Douglas

November 1, 2023

ORDER

WHEREAS on November 1, 2023, the Capital Markets Tribunal held a hearing by videoconference to consider, among other things, a motion by H. Samuel Hyams to adjourn the merits hearing in this proceeding;

ON READING the material filed by Hyams, and on hearing the submissions of the representative for Staff of the Ontario Securities Commission, Sunil Joseph on behalf of TeknoScan Systems Inc. (TeknoScan), Philip Kai-Hing Kung and Soon Foo (Martin) Tam, and Hyams, appearing on his own behalf by telephone, and on being advised that TeknoScan, Kung and Tam also intend to bring a motion for adjournment of the merits hearing;

IT IS ORDERED THAT:

  1. TeknoScan, Kung and Tam shall serve and file a motion for adjournment of the merits hearing, if any, and any affidavit or documentary evidence they intend to rely upon in support of the motion, by 4:30 p.m. on November 2, 2023;
  2. the motions for adjournment shall be heard on November 7, 2023, at 
    10:30 a.m., by videoconference, or on such other date and time as may be agreed to by the parties and set by the Governance & Tribunal Secretariat; and 
  3. the parties shall adhere to the following schedule for the delivery of additional motion materials:
    1. Hyams shall serve and file any affidavit or documentary evidence he intends to rely upon by 4:30 p.m. on November 2, 2023;
    2. Staff shall serve and file its responding record by 4:30 p.m. on November 3, 2023;
    3. Hyams, TeknoScan, Kung and Tam shall serve and file reply evidence, if any, by 12:00 p.m. on November 6, 2023; and
    4. the parties shall serve and file written submissions, if any, by 4:30 p.m. on November 6, 2023. 
“Andrea Burke”
Andrea Burke
“James Douglas”
James Douglas