18 Feb 2014
SHINEWING SPECIALIST ADVISORY SERVICES LTD v. CHEN YUNG NGAI KENNETH (as the Liquidator of Vinki Corporation Limited (in Creditors’ Voluntary Liquidation))
- Citation
- SHINEWING SPECIALIST ADVISORY SERVICES LTD v. CHEN YUNG NGAI KENNETH (as the Liquidator of Vinki Corporation Limited (in Creditors’ Voluntary Liquidation))
- Court
- Court of First Instance
- Case number
- HCMP118/2014
The court exercised its discretion to order interim payments pending taxation without a bank guarantee because substantial professional work had been performed, past taxation of Chen's bills showed only modest reductions (about 9%), and the court calibrated interim sums to provide an adequate buffer against likely taxation reductions; disputed matters about write‑offs and billing practice were left to the taxing master.