27 Jul 2010
RE DIGITAL NUNET EXCHANGE LTD
- Citation
- RE DIGITAL NUNET EXCHANGE LTD
- Court
- Court of First Instance
- Case number
- HCCW884/2004
Mr Nedderman’s disappearance from Hong Kong and failure to make arrangements to permit his firm to continue the discharge of the liquidation duties constituted good cause under s.196(1) to remove him and his co-liquidator; his fees were disallowed because his failure to carry out his office prejudiced creditors; replacement provisional liquidators/liquidators were appointed and directions given for delivery of books and the filing of disbursements, with costs awarded against Mr Nedderman.