9 Apr 2024
ONE WORLDWIDE GROUP LTD v. SEASIDE HOLDINGS LTD
- Citation
- [2024] HKCFI 999
- Court
- Court of First Instance
- Case number
- HCCW107/2024
Given the sustained obstructive conduct by former directors and officers, the uncertainty and risk of dissipation of substantial subsidiary assets and the inability of Liquidators to obtain control by other means, the court found ex parte appointment justified; the PL appointments therefore should be continued until determination of the petitions and the discharge summonses were dismissed; costs directions were made, including an order nisi denying recovery of the Purported Directors' costs from the companies' estates and ordering Official Receiver's costs of HK$29,000 as costs in the petitio…