Read the full judgment text of HCCW 356/1997 on BabelCite. This High Court CFI judgment was delivered on 9 March 2001.
1. This application is taken out by the liquidators of Hoi Sing Construction Company Limited ("the Company"), which was ordered to be wound up compulsorily on 20 August 1997 upon the petition of a creditor presented on 12 July 1997. The application is made against 22 respondents for declarations that the payments made to them by the Company in early May 1997 in the total sum of about HK$11.9 million constituted fraudulent preferences under section 266 of the Companies Ordinance, Cap. 32 and are
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