23 Feb 2005
RE CURRUTHERS LTD (In Liquidation)
- Citation
- RE CURRUTHERS LTD (In Liquidation)
- Court
- Court of First Instance
- Case number
- HCCW710/2001
The court has jurisdiction under section 200(3) of the Companies Ordinance and under its inherent jurisdiction to grant retrospective sanction for the appointment of solicitors where the appointment was necessary and in the best interests of the company and its creditors; therefore retrospective sanction and orders for payment of solicitors' costs out of company assets were appropriate in the circumstances.