16 Feb 2011
RE FEDERAL INDTEX CO LTD
- Citation
- RE FEDERAL INDTEX CO LTD
- Court
- Court of First Instance
- Case number
- HCMP2241/2010
The court held that it is not necessary in every case for the assignor company to file evidence addressing solvency and prospects of winding-up; an applicant's evidence explaining the circumstances of non-registration and stating there is no reason to believe the assignor will be wound up is sufficient, and on that basis the applications for a 28-day extension were granted.