20 Apr 2007
RE NEWSWEB INTERNATIONAL LTD
- Citation
- RE NEWSWEB INTERNATIONAL LTD
- Court
- Court of First Instance
- Case number
- HCCW388/1997
The court exercised its discretion under section 200(3) to retrospectively ratify the Official Receiver's appointments of Panel B agents and to authorize taxation and payment of their fees out of company assets because the agents' work benefited creditors and the liquidations, there was no evidence of impropriety or conflict of interest, fees remain subject to independent taxation, and a case-by-case inquiry into delegation would be disproportionate and impractical given the passage of time and limited assets.