28 Oct 2013
DOUBLE REACH LTD v. CHEERFUL RAISE LTD
- Citation
- DOUBLE REACH LTD v. CHEERFUL RAISE LTD
- Court
- Court of First Instance
- Case number
- HCMP1447/2013
The court refused to exercise its discretion to regularise the defaults because the evidence did not establish inadvertence or a satisfactory explanation; the breaches affected multiple companies, the explanations were generic and suggestive of indifference or avoidance of accounting obligations, and the prospect of a listing alone did not justify retrospective relief, therefore the originating summonses were dismissed.