25 Jun 2003
RE HI-TECH PRECISION PRODUCTS LTD
- Citation
- RE HI-TECH PRECISION PRODUCTS LTD
- Court
- Court of First Instance
- Case number
- HCCW920/2002
The court found that the petitioner had established a prima facie case and that the Company did not adduce sufficiently precise evidence of a bona fide dispute on substantial grounds until 3 January 2003; therefore the petition was not an abuse of process when presented. The court exercised its discretion on costs: no order as to costs up to 3 January 2003; the Company was ordered to pay the petitioner’s costs incurred after 27 January 2003 subject to specified exceptions, taking into account the petitioner’s Calderbank offer and the parties’ conduct.