20 May 2020
RE GW ELECTRONICS CO LTD
- Citation
- [2020] HKCA 316
- Court
- Court of Appeal
- Case number
- CACV24/2017
The Court held that because disputed facts on solvency and liabilities remained unresolved the Court could not order a permanent stay; it stayed the Winding-up Order for 28 days to permit an interested party to apply to the Companies Court under s.209(1) Cap.32 (extending the stay pending that determination), directed that if no application is made the appeal will be dismissed, and ordered the Company to pay the costs of the appeal to TEAL to be taxed if not agreed.