Read the full judgment text of HCA 010063/2000 on BabelCite. This High Court CFI judgment was delivered on 8 February 2001.
1. This is an application under section 21L of the High Court Ordinance for the appointment of a receiver. The original summons of 24 November 2000 sought to appointment to collect, get in and receive the proceeds of a placement of new shares in the 1st defendant as announced by its board of directors on 10 November 2000. However, by an amended summons of 10 January 2001, this was extended to all the assets of the 1st defendant ("the company"). On 3 February 2001 I made an order in terms of the