Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 53

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 53
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 courts may be limited, because we are incorporated in the BVI.

We are incorporated under the laws of the BVI. We conduct our
operations in Hong Kong, outside the United States and substantially all of our assets are located outside the United States.
In addition, all our directors, officers and senior management are located in Hong Kong, and all or a substantial portion of their assets
are located outside of the United States. As a result, it may be difficult or impossible for investors to effect service of process within
the United States upon us or such persons or to enforce judgments obtained in United States courts against them or against us, including
judgments predicated upon the civil liability provisions of the securities laws of the United States or any state thereof. Even if you
are successful in bringing an action of this kind, the laws of the BVI or Hong Kong could render you unable to enforce a judgment
against our assets or the assets of our directors and officers.

There are also uncertainties as to whether the courts of the BVI would:

  recognize or enforce against us judgments of courts of the United States based on certain civil                                          
  entertain                                                                                                                                

The U. S. and the BVI do not have a treating
providing for reciprocal recognition and enforcement of judgments of courts of the U. S. in civil and commercial matters and that
a final judgment for the payment of money rendered by any general or state court in the U. S. based on civil liability, whether or
not predicated solely upon the U. S. federal securities laws would not be enforceable in the BVI. A final and conclusive judgment
obtained in U. S. federal or state courts under which a sum of money is payable as compensatory damages (i. e., not being a sum claimed
by a revenue authority for taxes or other charges of a similar nature by a governmental authority, or in respect of a fine or penalty
or multiple or punitive damages) may be the subject of an action on a debt in the court of the BVI under the common law doctrine of obligation.
Furthermore, it is uncertain that BVI courts would: (i) recognize or enforce judgments of U. S. courts obtained in actions against
us or our directors or officers predicated upon the civil liability provisions of the U. S. federal securities laws; or (ii) entertain
original actions brought against us or other persons predicated upon the Securities Act.

There is also uncertainty as to whether the courts
of Hong Kong