Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Review of liquidator's decision
  • 19 Sept 2001

    RE KENSLAND REALTY LTD.

    Citation
    RE KENSLAND REALTY LTD.
    Court
    Court of First Instance
    Case number
    HCCW581/2001

    The Official Receiver was entitled to vacate the appeal dates to obtain necessary information on the company’s assets, liabilities and the merits and funding of the appeal; given lack of evidence of bad faith, unreasonableness or lack of even-handedness, and that the Official Receiver had taken into account creditors’ interests and the applicant’s position, the court refused to intervene under s200(5); there was no basis to give the alternative direction under s199(3) because the Official Receiver had not refused to consider proceeding and had not yet filed any proposal to vacate.