18 Apr 2000
Re S.K. LUK Construction Co. Ltd.
- Citation
- Re S.K. LUK Construction Co. Ltd.
- Court
- Court of First Instance
- Case number
- HCMP426/2000
Applying the rights test, the court found no dissimilarity of legal rights sufficient to require separate classes; the inclusion of internal creditors did not produce confiscation or injustice; independent creditors showed substantial support and disclosure and procedural irregularities were not such as to vitiate the meetings; accordingly the court exercised its discretion to sanction all 25 schemes, subject to the stated condition precedent.