20 Apr 2007
RE WINSTON CAMERA & RADIO CO LTD
- Citation
- RE WINSTON CAMERA & RADIO CO LTD
- Court
- Court of First Instance
- Case number
- HCCW538/1999
The court will exercise its discretion under section 200(3) to grant retrospective authorisation of the Panel B agents' appointments and to sanction payment of their fees out of the companies' assets subject to taxation because the appointments benefited creditors and the liquidations, there is no evidence of misconduct or conflict of interest, the intended taxation process provides independent scrutiny, and a case-by-case inquiry into delegation is disproportionate given the elapsed time and limited assets.