15 Jan 2018
CELEBRITY SPECIAL SITUATIONS FUND I, L.P. (formerly known as DONGLIN SPECIAL SITUATIONS FUND I, L.P.) v. CHINA LINKAGE INTERNATIONAL LTD
- Citation
- [2018] HKCFI 63
- Court
- Court of First Instance
- Case number
- HCCW120/2017
The court accepted the explanation of inadvertence and found there was some other sufficient cause and that it was just and equitable between the Petitioner and the Company (and its contributory) to grant the extension; the Company bore primary responsibility to register and should not benefit from its failure; the discretionary power under s346 was exercised in favour of the Petitioner with protective provisions for other creditors.