29 Mar 2007
YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Citation
- YUENG MAN LOONG MAXLY AND ANOTHER v. TSANG SAU HING BEATRICE AND OTHERS
- Court
- Court of First Instance
- Case number
- HCCW130/2007
The application for inspection as framed under section 121 was legally defective because the documents sought were records of a joint venture/subsidiary rather than the Hong Kong company's own books; however, the company may have discovery obligations in the winding-up proceedings and the correct procedural route is to proceed under RHC Order 24. Accordingly the summons was allowed to be amended and the provisional liquidators were ordered to file an affidavit within 14 days identifying documents in the Company's possession, custody or control. The provisional liquidators' application for val…
- Inspection of company books and records
- Discovery in winding-up proceedings
- Powers and duties of provisional liquidators
- Validation/sanction of sale of company assets
- Costs in insolvency proceedings