2 Mar 1992
RE BCCI FINANCE INTERNATIONAL LTD.
- Citation
- RE BCCI FINANCE INTERNATIONAL LTD.
- Court
- Court of First Instance
- Case number
- HCCW217/1991
Given the emergence of substantial unrecorded claims exceeding available guarantees, the failure of sale negotiations and the absence of any viable alternative proposal from creditors, it was in the public interest and for the protection of depositors and creditors that both companies be compulsorily wound up.