13 Mar 2002
HCK CHINA INVESTMENTS LTD. AND ANOTHER v. WAH NAM GROUP LTD.
- Citation
- HCK CHINA INVESTMENTS LTD. AND ANOTHER v. WAH NAM GROUP LTD.
- Court
- Court of First Instance
- Case number
- HCCW166/2000
The court exercised its discretion to appoint a committee of inspection because the applicants are substantial creditors able to contribute constructively, communication with liquidators required improvement, and a properly constituted committee would facilitate—rather than hinder—the liquidation. Balanced representation was required because committee voting is by member majority (not claim value); therefore a six‑member committee with two representatives each from the two major creditor camps and two representatives from minor creditors achieves fair representation. The costs of the successf…