6 Mar 2008
THE JOINT & SEVERAL LIQUIDATORS OF NARDU CO LTD (IN LIQUIDATION) v. GU LAI YUN AND OTHERS
- Citation
- THE JOINT & SEVERAL LIQUIDATORS OF NARDU CO LTD (IN LIQUIDATION) v. GU LAI YUN AND OTHERS
- Court
- Court of Appeal
- Case number
- CACV244/2007
The Court of Appeal held that s.221 extends to documents and information concerning subsidiary activities where those activities directly concern the affairs of the company in liquidation (here the company’s sole or principal asset being its subsidiary interest), and that the learned judge properly exercised his discretion in ordering production of documents, affirmations and oral examination against specified respondents after balancing the liquidators’ needs against oppression; the appeal was therefore dismissed.