27 Jul 2010
RE SAGGIO (HONG KONG) CO LTD
- Citation
- RE SAGGIO (HONG KONG) CO LTD
- Court
- Court of First Instance
- Case number
- HCCW1096/2004
Given evidence that Mr Nedderman has effectively departed Hong Kong and failed to make arrangements to allow his firm or co‑liquidators to perform their duties, the court found good cause under s.196(1) to remove him and his co‑liquidators, disallow his fees on grounds of failure to carry out office and prejudice to creditors, appoint Mr Kong and Mr Lo of BDO Limited as joint and several provisional liquidators/liquidators for the companies, order delivery of books and permit filing of disbursements within prescribed time limits, and order Mr Nedderman to pay the Official Receiver's costs of…