Hong Kong Case Law: Decisions & Judgments | LexChat

Hong Kong Case Law

Liquidation continuation
  • 14 Sept 2021

    RE YAOHAN HONGKONG CORPORATION LTD

    Citation
    [2021] HKCFI 2813
    Court
    Court of First Instance
    Case number
    HCMP1039/2021

    The court granted the declaration that the dissolution was void and ordered that the liquidation continues because a substantial dividend (MOP12,000,000) was available in an associated liquidation and restoration was the appropriate means to permit receipt and distribution of that dividend to the company’s creditors.