9 Dec 2002
RE PRESSURE VESSELS MANUFACTURING CO LTD
- Citation
- RE PRESSURE VESSELS MANUFACTURING CO LTD
- Court
- Court of First Instance
- Case number
- HCCW1005/2002
The court exercised its discretionary power under s.287 to make a winding‑up order because the petitioner had a genuine and legitimate grievance about the appointment and conduct of the provisional liquidator, undermining confidence in his impartiality, and those considerations outweighed the expressed wishes of the majority of creditors to continue the voluntary liquidation.