Read the full judgment text of HCMP 1631/2023 on BabelCite. This High Court CFI judgment was delivered on 23 February 2024.
1. The Company has sought the Court’s sanction under section 673 of the Companies Ordinance (Cap. 622) (“ Ordinance ”) of a scheme of arrangement between the Company and the Scheme Creditors. This I ordered at the hearing on 23 February 2024. The conduct of the meeting does give rise to 2 novel and associated questions concerning whether a meeting consisting of 2 proxy holders, one of whom is the chairperson, constitutes a meeting for the purpose of sections 670 and 674 of the Ordinance . I
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