Read the full judgment text of CAMP 493/2022 on BabelCite. This Court of Appeal judgment was delivered on 31 December 2024.
1. In a nutshell, the matter arose as follows. Winding up petitions were first presented in Hong Kong by creditors against the Company, which was incorporated in the Cayman Islands but listed in Hong Kong. The Company then applied for its own winding up in the Cayman Islands, and obtained the appointment of provisional liquidators there. Those provisional liquidators applied for recognition in Hong Kong, which was granted by Harris J. Proceedings for implementing a restructuring scheme were also
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