5 Jul 1990
RE CHINO INDUSTRIES LTD
- Citation
- RE CHINO INDUSTRIES LTD
- Court
- Court of First Instance
- Case number
- HCCW152/1990
Although the companies were insolvent and a prima facie case for winding up existed, there was no evidence of danger to assets or mismanagement and the allegations of bias could not be resolved on affidavits; on the balance of convenience the court should preserve the status quo and dismiss the applications for appointment of provisional liquidators.