15 Jul 2005
RE STEREO LTD (the Company)
- Citation
- RE STEREO LTD (the Company)
- Court
- Court of First Instance
- Case number
- HCMP757/2005
The court concluded the statutory conditions under s166(2) were satisfied (proper class constitution, meeting convened per court directions, sufficient information to creditors, requisite majority in favour) and the scheme met the reasonable-approval test from Re China Light & Power; accordingly the petition was allowed and the scheme sanctioned.