3 Nov 2005
RE THE HONG KONG METROPOLITAN BANK (NOMINEES) LTD (IN LIQUIDATION)
- Citation
- RE THE HONG KONG METROPOLITAN BANK (NOMINEES) LTD (IN LIQUIDATION)
- Court
- Court of First Instance
- Case number
- HCCW279/1992
The court declared that the Part A and Part B shares held in the name of HKMBN are beneficially owned by BCCHK and that the joint agents are authorised to obtain replacement certificates where necessary, to sell the shares and to remit proceeds and dividends (with interest) to the special managers of BCCHK; the court declared the LKM shares to be beneficially owned by the estate of Law Kin Man and authorised transfer to the receiver; the court ordered that costs of investigation and of the application be paid out of the proceeds of the shares.