16 Oct 2018
LAU SHAK WAH AND ANOTHER v. THE REGISTRAR OF COMPANIES
- Citation
- [2018] HKCFI 2397
- Court
- Court of First Instance
- Case number
- HCMP1433/2018
The court granted a permanent stay under s.209(1) because the applicants proved the company is solvent, there are genuine commercial reasons and a viable opportunity to revive its business, creditors and liquidation expenses can be paid, and no misconduct or irregularity required investigation; consequently exercising its discretion in favour of the applicants was appropriate.