8 Sept 2008
THE COMMISSIONER OF INLAND REVENUE V DAVID XU AND ANOR HC WN CIV 2008-485-1553
- Citation
- openlaw-fbee84ca_c325_405e_880f_196dab965758.pdf
- Court
- High Court
Because Mr Xu and/or his firm had provided professional services and had a continuing business relationship with the company within two years and statutory preconditions (board solvency resolution and certificate of non-disqualification) were not met, Mr Xu was disqualified under s280; the Court properly exercised its discretion under s286(4)(a) to remove him, reversed his final report under s284(1)(b), declared the office vacant under s283(1) and appointed two qualified liquidators under s283(7)/s241(2), approving remuneration and powers and awarding costs to the applicant.