25 Sept 2001
Re Tan & Sons Co. Ltd. (in Provisional Liquidation)
- Citation
- Re Tan & Sons Co. Ltd. (in Provisional Liquidation)
- Court
- Court of First Instance
- Case number
- HCCW63/1997
The court granted the provisional liquidators the directions sought as a matter of commercial common sense and statutory discretion: authorising compromise and payment of Mr Chew HK$1,000,000 (with interest and costs subject to negotiation), directing notification (but not compulsory joinder) of the Inland Revenue Department for sanction applications, ordering return of specified rental deposits, permitting set-off of Harony's deposit and forgoing the balance, authorising sale or transfer of the rooftop on best terms or return for disclaimer if necessary, permitting write-off of the small Lec…