26 Sept 2013
ULTRA SOLUTION HOLDINGS LIMITED v. CHAN YUI HANG
- Citation
- ULTRA SOLUTION HOLDINGS LIMITED v. CHAN YUI HANG
- Court
- Court of First Instance
- Case number
- HCMP1101/2013
The court varied the liquidator's decision and admitted the applicant's claims for direct losses (defective watch cases and sapphire glass), plating and delivery charges and part of the replacement parts claim on the balance of probabilities, rejected the large consequential loss claims for inadequate evidence, held the applicant liable to the company only in the admitted sum of HK$678,843.32 which is to be set off, concluded the applicant is a net creditor (over HK$100,000), refused ancillary disclosure orders as unnecessary and made a costs nisi order of 70% against the company assets.