28 Aug 2014
RE CHINA MEDICAL TECHNOLOGIES, INC.
- Citation
- RE CHINA MEDICAL TECHNOLOGIES, INC.
- Court
- Court of First Instance
- Case number
- HCCW435/2012
The court granted leave to re‑open the trial and to adduce the new evidence because the newly obtained documents were credible, determinative and would probably affect the result by demonstrating a strong and central connection between the Companys affairs and Hong Kong (significant funds flow and possible misappropriation conducted in Hong Kong), and because there was no tangible interested party prejudiced by delay; accordingly the connection and benefit criteria for a Hong Kong winding‑up were satisfied such that reopening the petition was justified despite the third core requirement not…