Hong Kong Case Law: Decisions & Judgments | LexChat

Topic

Winding up under s48 orso

Legal area

Court

9 Aug 2023

STANTON SALLY LOUISE v. CONNAUGHT WEST LTD AND OTHERS

Citation

[2023] HKCFI 2035
Court

Court of First Instance
Case number

HCMP1270/2022

Given the existence of an unequivocal offer by the 2nd Respondent to pay the Applicant the precise sum standing to her credit, the court declined to order immediate winding up; instead it made an order nisi requiring the 2nd Respondent to confirm and effect payment by specified deadlines, dismissed the applications if payment is made, and otherwise to relist the matter. Costs up to a specified date were ordered against the 2nd Respondent with certain directions about the intervener's costs.
9 Aug 2023

TRIBUNE LTD v. CONNAUGHT WEST LTD AND ANOTHER

Citation

[2023] HKCFI 2035
Court

Court of First Instance
Case number

HCMP1947/2022

The Court would have ordered immediate winding up given the unsatisfactory administration and dispute, but declined to do so because the 2nd Respondent offered to pay the applicant the full amount standing to her account (US$32,777.26) from its own funds; accordingly the Court made an order nisi requiring the 2nd Respondent to confirm by the specified date that it will pay that sum, with the applications to be dismissed if payment is confirmed and relisted if not; costs directions were given.