Read the full judgment text of HCMP 001683/2001 on BabelCite. This High Court CFI judgment was delivered on 24 April 2001 before Hon Yuen J..
Companies Ordinance – reduction of capital – confirmation by court – equitable treatment – creditors safeguarded – discernible purpose – shares trading below par – capital reserve account – Re Ratners Group plc – Re Thorn EMI plc – Re Grosvenor Press plc – Re Tian An China Investments Co Ltd – petition granted – reduction confirmed
Legal issues: Confirmation of reduction of capital
Outcome: Confirmation granted to the proposed reduction of capital.
Cited by 1 case