25 Jan 1988
RE MOUNT EVEREST INVESTMENTS LIMITED
- Citation
- RE MOUNT EVEREST INVESTMENTS LIMITED
- Court
- Court of First Instance
- Case number
- HCCW249/1987
Although there were errors and some nondisclosures in the petitioner's affidavits, the company was insolvent and there was a real likelihood that assets were in jeopardy given the conduct of the controlling shareholder; urgency justified the ex parte appointment and the Official Receiver's appointment as provisional liquidator was therefore properly made and was not set aside.