Read the full judgment text of HCMP 1474/2022 on BabelCite. This High Court CFI judgment was delivered on 14 December 2022.
1. The Company seeks the Court’s sanction under Section 673 of the Companies Ordinance (Cap. 622) (“ Ordinance ”) of a scheme of arrangement between the Company and holders of unsecured debt. After an adjournment, the Scheme Meetings were duly convened on 1 December 2022. The resolutions of the Scheme Meetings were carried by a majority in number of the Scheme Creditors present and voting, in person or by proxy, holding 90.04% of the Unsecured Scheme Claims and 100% of the Critical Lessors Schem
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