7 Dec 2005
RE GOLDCO DEVELOPMENT LTD
- Citation
- RE GOLDCO DEVELOPMENT LTD
- Court
- Court of First Instance
- Case number
- HCCW711/2005
Validation granted because provisional liquidators demonstrated the employee payments and the storage agreement were in the interests of the company, were arm's length, provided necessary working capital, and faced no opposition or government objection; the appointment order was amended to remove ambiguity and to make explicit the power to engage and remunerate solicitors; costs ordered to be paid from company assets.