20 Sept 2004
RE Y.K. ENGINEERING & PILING LTD
- Citation
- RE Y.K. ENGINEERING & PILING LTD
- Court
- Court of First Instance
- Case number
- HCCW674/2004
The court held that material procedural irregularities in the creditors' voluntary liquidation process (insufficient notice to members for the special resolution and failure to give postal notice to creditors simultaneously with the general meeting as required by s241(1)) rendered the voluntary liquidation invalid; therefore it could not be relied on to oppose the winding-up petition, and the petition was granted to wind up the company.