12 Nov 1993
Re MEDIAVISION LIMITED
- Citation
- Re MEDIAVISION LIMITED
- Court
- Court of First Instance
- Case number
- HCCW141/1993
Winding-up on the ground that the substratum has gone was struck out because the company's assets and capacity to resume trading remained and the allegation of final abandonment was speculative; however the petition under s.168A that the affairs are being conducted in a manner unfairly prejudicial to the petitioner survives because it is arguable that the majority are using company assets to benefit themselves and thereby prejudicing the minority, warranting full trial.