12 Dec 2006
B S C SHINWA KOGYO CO LTD and B S C INTERIOR CONTRACT AND ENGINEERING CO LTD v. THE REGISTRAR OF COMPANIES AND OTHERS
- Citation
- B S C SHINWA KOGYO CO LTD and B S C INTERIOR CONTRACT AND ENGINEERING CO LTD v. THE REGISTRAR OF COMPANIES AND OTHERS
- Court
- Court of First Instance
- Case number
- HCMP2272/2006
Restoration ordered because applicants provided an adequate explanation for delay (lack of control while insurers conducted proceedings), there was an arguable case that the insurer's exclusion clause might not apply, the restoration fell within the legislative purpose of s290 to enable a creditor to make a missed claim, and no prejudice to the company was shown, so the court properly exercised its discretion to declare the dissolution void and restore the company.