5 Jul 2007
KELSO ENTERPRISES LTD v. LIU YIU KEUNG STEPHEN AND ANOTHER
- Citation
- KELSO ENTERPRISES LTD v. LIU YIU KEUNG STEPHEN AND ANOTHER
- Court
- Court of Appeal
- Case number
- CACV303/2006
Appeal allowed insofar as deferment of dissolution under s239(4) is concerned because the applicant was willing to fund further investigation and litigation, there were prima facie grounds and public interest for investigating alleged misconduct, no material prejudice to other creditors was identified, and Re Pinto was distinguishable; accordingly discretion should be exercised to defer dissolution to permit proper investigation.