10 Oct 2018
GW ELECTRONICS CO LTD v. TOSHIBA ELECTRONICS ASIA LTD AND ANOTHER
- Citation
- [2018] HKCFI 2443
- Court
- Court of First Instance
- Case number
- HCMP1449/2018
The court accepted that a stay of the winding-up order (made by consent) suspends the winding-up and, in this context, control of the company reverted to the board for the duration of the stay; the proposed steps to preserve and enforce the PRC movable assets charge were necessary and reasonable on the evidence and the declaratory relief was therefore granted; costs to follow the event.