16 Feb 2011
RE K.C.K. GARMENT FACTORY LTD
- Citation
- RE K.C.K. GARMENT FACTORY LTD
- Court
- Court of First Instance
- Case number
- HCMP2250/2010
The court held that evidence from the assignor company about solvency and winding-up prospects is not mandatory in every s86 extension application; it is sufficient for the applicant to file evidence explaining the delay and stating no reason to believe the assignor will be wound up, and on that basis granted the 28-day extension to register the assignments.