13 Mar 2014
RE BAITIAN TECHNOLOGY LTD
- Citation
- RE BAITIAN TECHNOLOGY LTD
- Court
- Court of First Instance
- Case number
- HCMP3416/2013
The Originating Summons was granted because the non-preparation of audited financial statements was inadvertent due to negligent professional advice, shareholders were aware and not prejudiced, there was a real prospect of compliance in future, and the failure to prepare accounts was sufficiently serious (not merely technical) to justify extending time under Section 122(1).