24 Oct 2003
CLASSIC ROLLS LTD AND ANOTHER v. KENNIC LAI HANG LUI AND ANOTHER
- Citation
- CLASSIC ROLLS LTD AND ANOTHER v. KENNIC LAI HANG LUI AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCMP4914/2002
The court held that MDL had locus and Classic Rolls had a sufficient non‑shadowy interest to bring the application; the revival fell within s290(1) because new creditor consents had arisen after dissolution and the relief sought was within the statutory purpose; cause was shown to remove the former liquidators given the applicants' unwillingness to engage them and the narrow scope of work required, so the dissolution was declared void, the respondents removed and replacement liquidators appointed, subject to payment undertakings and delivery of sealed order to the Registrar.