5 Sept 2017
RE WAH NAM GROUP LTD (In Compulsory Liquidation)
- Citation
- RE WAH NAM GROUP LTD (In Compulsory Liquidation)
- Court
- Court of First Instance
- Case number
- HCCW166/2000
On strike‑out jurisdiction the court held that (1) the 2012 Consent Order was made under s200(5) not s205 and therefore did not operate as a statutory s205 release discharging the former liquidators; (2) Wah Nam's claim in HCA960/2015 is barred by the reflective loss rule and the pleadings are plainly unsustainable so HCA960/2015 is struck out and dismissed; (3) HCA962/2015 (claims by Great Strategy and Crystal Services) do not suffer from the reflective loss bar and are not plainly unsustainable, but certain pleading defects and particular paragraphs require amendment and leave to amend is g…