Read the full judgment text of HCB 000059/1999 on BabelCite. This HCB judgment.
1. This is an application by Hong Kong Sunrise Holdings Limited ("Sunrise") for a validation order under section 42 of the Bankruptcy Ordinance, Cap.6 . Sunrise entered into an agreement with Sally Aw Sian ("Miss Aw") on 11 December 1998 ("the Sunrise Transaction") for the purchase of a part of Miss Aw's holding of the shares in Sing Tao Holdings Limited ("Sing Tao"). This application is necessitated by the fact that an expedited petition for Miss Aw's bankruptcy was presented on 8 January 1999