Decision Notice - Director Registration Cancelled for Ling Zhang (2023-11-27)

Summary

This is a Decision Notice issued by CIMA cancelling the director registration of Mr. Ling Zhang (Registration #2813893) under the Directors Registration and Licensing Act, 2014. It follows a prior Warning Notice dated 11 September 2023 and confirms that the breach was not remedied.

• Basis for action: Mr. Zhang remained in breach of section 6(2) of the Act for failing to provide information to CIMA in the prescribed form and for failing to pay prescribed annual fees for 2021 through 2023 by the 15 January deadline in each of those years.
• Action taken: CIMA cancelled his director registration pursuant to section 25(2)(a) of the Act, on the opinion under section 25(1)(b) that he had contravened the Act.
• Effective date: The cancellation took effect on 21 November 2023.
• Appeal rights: Mr. Zhang has a right to appeal the decision to the Cayman Islands court under section 27(5) of the Act.

This notice is specific to Mr. Ling Zhang and does not itself create new ongoing obligations for other registered directors, though it illustrates CIMA's enforcement of the annual fee and information-filing requirements under section 6(2) of the Act.

Applies to

registered directors, directors registered under the Directors Registration and Licensing Act

Deadlines

• 21 November 2023: Effective date of CIMA's decision to cancel Mr. Ling Zhang's director registration.