26 May 2022
RE APASTRON CAPITAL LTD
- Citation
- [2022] HKCFI 1567
- Court
- Court of First Instance
- Case number
- HCCW290/2020
The court held the Leading Mar claim was an unliquidated and unascertained time-costs claim inadmissible under r125, and the Advisory Agreement did not bind the company because Ms Liu lacked actual authority and could not establish ostensible authority; accordingly the PLs were appointed liquidators, there was no committee of inspection appointed, the liquidators’ remuneration to be on a time-costs basis charged to company assets, and costs were ordered nisi in favour of the PLs and Anglo Chinese.