26 Sept 2000
RE MBf ASIA CAPITAL COPPORATION LTD.
- Citation
- RE MBf ASIA CAPITAL COPPORATION LTD.
- Court
- Court of First Instance
- Case number
- HCMP3815/2000
The court found statutory requirements were complied with, the creditor class was fairly represented, there was no coercion, the schemes resulted from negotiated arrangements with probable independent advice and received unanimous approval at the meetings; on that basis the court exercised its discretion to sanction the schemes.