5 Jun 2008
THE JOINT AND SEVERAL LIQUIDATORS OF JUMBO FORTUNE (HONG KONG) LIMITED (IN COMPULSORY LIQUIDATION) v. Y H CHEUNG & COMPANY CERTIFIED PUBLIC ACCOUNTANTS (a firm)
- Citation
- THE JOINT AND SEVERAL LIQUIDATORS OF JUMBO FORTUNE (HONG KONG) LIMITED (IN COMPULSORY LIQUIDATION) v. Y H CHEUNG & COMPANY CERTIFIED PUBLIC ACCOUNTANTS (a firm)
- Court
- Court of First Instance
- Case number
- HCCW143/2006
The liquidators demonstrated a reasonable requirement under s.221 because the respondent's audit files and documents concerning Gold Talent materially relate to the company's affairs (notably the asserted transfer and non‑payment and the sudden turnover collapse); the court must and did balance the requirement against oppression and found no undue oppression; therefore production of specified documents and examination of respondent's officers was ordered and costs awarded to the liquidators.