10 Oct 2002
Re Yoshiya International Corporation, Ltd.
- Citation
- Re Yoshiya International Corporation, Ltd.
- Court
- Court of First Instance
- Case number
- HCMP3720/2002
Court will confirm a reduction of capital where shareholders are treated equitably, were properly informed, creditors are safeguarded (via undertaking/reserve or consents), and the reduction pursues a discernible legitimate purpose; on those findings the petition is to be granted.