28 Aug 2003
RE JINRO (H.K.) INTERNATIONAL LTD
- Citation
- RE JINRO (H.K.) INTERNATIONAL LTD
- Court
- Court of First Instance
- Case number
- HCCW1352/2001
The court granted the provisional liquidators the power to dispose of the listed distressed securities because the decision as to timing and extent of sales is a commercial one for liquidators entrusted to gather assets for creditors, and there is no obligation to seek petitioners' funding first; the order should specify the securities in an annexed schedule.