Read the full judgment text of CACV 000057/1980 on BabelCite. This Court of Appeal judgment was delivered on 7 August 1980.
1. This is yet another chapter in the continuing saga of the San Imperial Corporation Ltd. ("San Imperial"). There was a petition by Malaysia Borneo Finance Corporation (M) Berhad ("MBF") for the compulsory winding up of San Imperial. This was supported by the receiver of 822,500 shares in the company held by the receiver for the benefit of MBF. There was an application by the company and by the present Appellants to strike out that petition. That application was dismissed. There has been an app