Read the full judgment text of HCCW 000510/1998 on BabelCite. This High Court CFI judgment was delivered on 29 March 2000.
1. This is an ex parte application by the Liquidators of Rhine Holdings Limited ("Rhine") for sanction under section 182 of the Companies Ordinance for the transfer of all the issued shares of the Company ("Rhine Shares") to New Rank City Development Limited ("the Investor") pursuant to a scheme of arrangement ("the Scheme") proposed to be made between Rhine and its shareholders. The Scheme itself is not before this court, nor is it subject to its approval : rather, the Scheme is proposed to be
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