5 Nov 1999
RE GOLDCONE PROPERTIES LTD.
- Citation
- RE GOLDCONE PROPERTIES LTD.
- Court
- Court of First Instance
- Case number
- HCCW391/1999
The court exercised its discretion and concluded this was not an ordinary case: because the opposition was by insider creditors acting in narrow self-interest and caused substantially increased costs that could have been avoided, the opposing creditors must bear the petitioning creditor's costs incurred after presentation of the petition; no order was made for the opposing creditor's costs of appearance and liquidators sought no costs.