24 Aug 2007
THE JOINT & SEVERAL LIQUIDATORS OF AKAI HOLDINGS LTD (IN COMPULSORY LIQUIDATION) v. FUNG SEE MAN
- Citation
- THE JOINT & SEVERAL LIQUIDATORS OF AKAI HOLDINGS LTD (IN COMPULSORY LIQUIDATION) v. FUNG SEE MAN
- Court
- Court of First Instance
- Case number
- HCCW50/2000
The liquidators established a reasonable requirement under s.221 given the respondent's senior role, newly obtained documents and the scope of transactions under investigation; the court must balance the liquidators' investigatory needs against potential prejudice to the respondent and found the balance favoured the liquidators; accordingly an order for oral examination and production of documents in the respondent's power or custody was justified and granted.