7 Nov 2006
RE BOLDWIN CONSTRUCTION CO LTD
- Citation
- RE BOLDWIN CONSTRUCTION CO LTD
- Court
- Court of First Instance
- Case number
- HCCW340/2002
Where no winding-up order exists and provisional liquidators have been discharged with control returned to directors, the company concerned has an apparent interest and must be given the opportunity to be heard on taxation of provisional liquidators' fees; the Procedural Guide does not displace that right. Consequently the Registrar's decision that hearings be inter partes was upheld; interim payment for BF was reduced from 70% to 50% and the Registrar's order making provisional liquidators personally liable for costs was set aside, with costs to be paid out of company assets.